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Showing posts with the label Manufacturing

Pipeline

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To date, pipeline transportation offers a very limited range of services and capabilities. The most economically feasible products to move by pipeline are crude oil and refine petroleum products. However, there are some experimentation with moving solid products suspended in liquid referred to as slurry or containing the solid products in cylinders that in turn move in a liquid within the pipe. If these innovations prove to be economical, pipeline service could be greatly expanded. Early experience with coal suspended in liquid has not been favourable because pipes have eroded. Product movement by pipeline is very slow, only about three to four miles per hour. This slowness is tempered by the fact that products move 24 hours a day, 7 days a week. This makes the effective speed much greater when compared with other modes. Pipelines capacity is high, considering that a 3 mph flow in a 12 inch diameter pipe can move 89,000 gallons per hour. Concerning transit time, pipeline service...

Exemptions of Customs Duty in LMW

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Raw material and components eligible for duty exemption are as follows: Customs duty exemption to all raw materials and components used directly in the manufacturing process of approved produce from the initial stage of manufacture until finished goods products is finally packed ready for export. This includes packaging materials and casings. The list of raw materials and components that can be imported and taken to LMW without payment of customs duty is issued together with the LMW license. Addition or deletion to the list can be made from time to time; Goods subject to excise duty incorporated in the final product, e.g. dry cell batteries may be exempted from excise duty. Application for such excise duty exemption should be made to the Treasury for consideration under Section 10 (a) of the Excise Act 1976. Materials or goods that are not eligible for duty or tax exemptions are as follows: Fuel Oil; Building and construction materials; Office equipment; Furniture; Mat...