Tecno

Tecno

Tecno mobile phones

Open
HomeBusiness

Govt Reimposes Duty On Basic Grocery Items

1 year agoThu, 01 Feb 2024 07:48:30 GMT
Share on FacebookShare on TwitterShare on LinkedIn
Govt Reimposes Duty On Basic Grocery Items

The Government has reimposed duty on cooking oil, maize meal, milk, sugar, rice, flour, salt, bath soap, washing soap, washing powder, toothpaste and petroleum jelly imports.

In May 2023, the Government allowed the importation of the aforementioned products duty-free in response to shortages and rapid price changes as suppliers resorted to forward pricing.

The repeal of the duty-free status was gazetted on Wednesday, 31 January, by the Minister of Finance, Economic Development and Investment Promotion, Professor Mthuli Ncube in Customs and Excise (Suspension) (Amendment) Regulations, 2024 (No. 272) published in Statutory Instrument 10A of 2024. Reads the SI:

IT is hereby notified that the Minister of Finance, Economic Development and Investment Promotion, in terms of section 235 as read with section 120 of the Customs and Excise Act [Chapter 23:02], has made the following regulations:-

1. These regulations may be cited as the Customs and Excise (Suspension) (Amendment) Regulations, 2024 (No. 272).

Click here: Pindula WhatsApp Channel
wa.me/channel/0029Vb4GVea90x2nCSDImS1b

 

2. The Customs and Excise (Suspension) Regulations, 2003, published in Statutory Instrument 257 of 2003 (hereinafter called “the principal regulations”), are amended by the repeal of section 91 (Suspension of duty on Cooking Oil, Maize meal, Milk, Sugar, Rice, Flour, Salt, Bath Soap, Laundry Soap, Washing Soap, Washing Powder, Toothpaste and Petroleum Jelly) with effect from 1st February 2024.

The repeal of the duty-free status is somewhat not surprising as the 2024 national budget proposed various taxes which have deepened citizens’ suffering.

Whilst Ncube backed down on some of his “outrageous” revenue-raising proposals, businesses and citizens now pay more taxes/fees than in 2023.

More: Pindula News

Tags

13 Comments

Pasi Pamera Ziso · 1 year ago
He has no solution, his fiddling with the economy shows lack of knowledge of permanent solutions which will bring the much needed permanent stability. A combi operator has managed to maintain the rate at US 1 to ZWL 4000 for nearly 6 months yet all the economists have failed to achieve anything yet.
zee · 1 year ago
hameno regai tiite zvekuona nomeso ko tingadii zvakaoma wokvara nekshanda kt mhuri iwanecehekudya
Jimmy · 1 year ago
Happy to be added comment session
@bluw cyclone · 1 year ago
ukarwadziwa haupore
Concerned · 1 year ago
kwasara breathing tax, these guyz so! ma1
tadiwanashe · 1 year ago
guys farirai munzwe venyu coz mukamubta rough ndinnoramwa
tadiwanashe · 1 year ago
guys farirai munzwe venyu coz mukamubta rough ndinnoramwa
tadiwanashe · 1 year ago
let's talk about your
tadiwa · 1 year ago
hie anonymous me l m tadiwanashe
🌀🌀🌀🌀 BLUE CYCLONE 💙 · 1 year ago
@tadiwa ,,,saka zvinebasa rei zvkutaura zita rako
· 1 year ago
Ari kutsvaga anonyenga
Anonymous · 1 year ago
unovona kuti vanhu vanotambudzika woyisa tax kuma basic commodities futi haaaa this kind of cruelity yasvika panoda kuti vanhu vatsvange ma terrorist chaiko so that we liberate from political bondage

Leave a Comment


Generate a Whatsapp Message

Buy Phones on Credit.

More Deals
Feedback