zimra 17-10-11.jpgThe Zimbabwe Revenue Authority (ZIMRA) is set to upgrade its Automated System for Customs Data (ASYCUDA) in a development which is set to improve commercial customs clearance.

The upgrading exercise will be carried out at ZIMRA stations across the country this Saturday.

In a statement, ZIMRA said the system upgrade will affect commercial clearances as no clearances will be made during the period.

ASYCUDA is a computerised system designed by the United Nations Conference on Trade and Development to administer a country’s customs.

The computerised customs management system covers most foreign trade procedures.

The system handles manifest and customs declarations, accounting procedures, transit and suspense procedures.

It also generates trade data for statistical economic analysis.