Duty reduction on selected finished goods

Duty reduction on selected finished goods


Wednesday, 19 January 2011 20:30

The gazetting of Statutory Instrument 191 of 2010 and 189 of 2010 introduced a number of legislative changes which are meant to incentivise the formalisation of businesses. The amendments were made with a view of enhancing revenue collection as well as improving consumer welfare through access to affordable finished goods with sufficient warrantee. With effect from January 1 2011 the rates of duty were reduced on the following selected products:

For specific details please refer to Statutory Instrument 191 of 2010.



Suspension of Duty on importation of Basic Food stuffs [SI 191 of 2010]

In terms of Statutory Instrument 191 of 2010 the suspension of duty on basic foodstuffs was extended further to June 30 2011. Note that laundry soap and toothpaste are now liable to duty and VAT on importation.



Excise Duty on Cigarettes & Energy Saving Bulbs — SI 189 of 2010



With effect from January 1 2011 the rates of excise duty on locally produced cigarettes and non-energy saving bulbs was reviewed as follows:



For further information, please contact your nearest Zimra office.

Article submitted by Zimra’s Legal and Corporate Services Division.



Their contact details are as follows:



Zimbabwe Revenue Authority

Legal and Corporate Services Division

6th Floor, ZB Centre

Corner First Street/Kwame Nkrumah Avenue

PO Box 4360

Harare

Tel: 04 - 790811-4

Fax: 04 - 774087

E-Mail: pr@zimra.co.zw