News
Market
Jobs
About
Contact
List Product
Register
Login
Generate
WhatsApp Message
*Mthuli Suspends Duty On Commercial Tyres* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?va In his Midterm Budget Review statement, Finance and Economic Development Minister said that import duty on some selected goods has been suspended. He said: On Suspension of Duty on Commercial Tyres, there is a proposal to ring-fence importation of 100 000 commercial tyres at a lower duty rate of 15% for a period of twelve months. In response to inflationary pressure and currency adjustment, we propose the adoption of an optimal policy mix between specific and ad valorem excise taxes as follows: -On Fuel. Ad Valorem excise duty of 45% and 40% per litre of petrol and diesel, respectively. Alcoholic Bev. Optimal mix of Specific and Ad Valorem excise duty as follows: Spirits-40% of ex-factory cost plus ZWL$20/LAA; Fortified Wines-ZWL$4/L; Unfortified Wines-15% of ex-factory cost plus ZWL$3.5/L; Other Fermented Beverages- ZWL$3/L; & Opaque Beer Powder-ZWL$0.50/kg. In order to promote investment in solar energy, thereby reducing power demand on the already constrained national grid, we propose to remove duty on lithium-ion solar batteries. Suspension of Duty on Motor Vehicles Imported for use by Physically Handicapped Persons. ---------- Pindula is best experienced with the Android App. *Download APK here:* https://zero.pindula.co.zw/media/apps/apks/pindula23.apk _On Econet, Pindula does NOT use your data_ ---------- itel A50 now available on Pindula at $84 64GB storage, 2GB RAM. _ideal for light usage_ _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
Copy to clipboard
Give us Feedback
Full Name
WhatsApp Number
Feedback
Submit
Feedback