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02.07.2008
Libyaninvestment.com

GPC decided to issue decision to reconsider compensations, values, granting mechanism and ownership documents for payment of compensations.

GPC approved measures for evaluating a number of companies and public economic units and permission for ownership transfer.

GPC has taken arrangements for treatment of prices increase of some commodities and services due to the international increase in prices. gpc decided to exempt main foodstuffs from production and consumption taxes, import services fees and reduce analysis and tests fees by 75%, handling, storage and quay dues by 50%. the decision included exemption of commodities locally produced from production tax and to exempt production and operational requirements from production and consumption taxes.

 



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