News
Market
Jobs
About
Contact
List Product
Register
Login
Generate
WhatsApp Message
*Vehicle Duty In Forex To Stay - Mthuli Ncube* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?an The Finance and Economic Development Minister Mthuli Ncube revealed last week that vehicle importers will continue to pay duty in foreign currency. Following the 2019 Monetary Policy Statement, business people have been calling on Government to charge vehicle duty using the local currency. The Monetary Policy Statement introduced an interbank market for forex and RTGS dollars. ---------- *HOT DEALS:* *itel A70 - (128GB, 3GB RAM) $89,* *itel A70 - (256GB, 4GB RAM) $99* *itel P40 (128GB, 4GB), (6000mAh) $99* *itel P40 (64GB, 4G), (6000mAh) $93* *LATEST: itel S24 (128) $124; S24 (256GB) $159* Cash on Delivery in Harare & Bulawayo. Tinotumira kwamuri inosvika. WhatsApp: 0️⃣7️⃣8️⃣3️⃣ 4️⃣5️⃣0️⃣ 7️⃣9️⃣3️⃣ ---------- Ncube who gave the government’s position in an interview said: > Look, I don’t want to chop and change policies too much. Every other week you change policy because you have this and that; it’s not very good. > I am sticking to the payment of duty in the forex; basically in the currency someone has acquired the vehicle, it could be in rand, it could be in US dollars, whatever currency you acquire it in, pay in that currencVehicle imports have been rising exponentially since 2009 from US$250 million to upwards of US$800 million in 2010. *Related:* Civil Servants Duty-Free Vehicle Import Facility Unfair- Teachers Govt Contemplates Reducing Excise Duty On Fuel – Report Zim-bound Trucks Pile Up At Beitbridge Border Post After Govt Raised Duty ZIMRA Increases Duty Threefold ZIMRA To Continue Collecting Duty In Foreign Currency More: The Chronicle _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