eBusiness Weekly
With effect from November 23, 2018 duty on importation of selected items including Surtax, Presumptive Tax and Value Added Tax payable on importation duty on importation will be paid in foreign currency. This is in terms of Statutory Instrument (S.I.) Number 252A of 2018.Goods covered by the Statutory Instrument
Duty in foreign currency must be paid on the importation of the following items of specified tariff headings: margarine, cereals, meat products, chocolates, pasta, agricultural produce, seats, toiletries, beverages, clothing items, luxury vehicles and ornamental goods.
The full list in S.I. 252A of 2018.
What if I bought my goods before November 23, 2018 but import them after November 23, 2018?
The importer is required to make an application for exemption from paying the duty in foreign currency to the respective Zimra regional manager for customs and excise.
The importer must submit an application for exemption to the regional manager through the station manager of the port through which the goods were imported.
The importer will then receive a response from the regional manager through the station manager within a reasonable time. This is applicable between the periods November 22, 2018 to January 3, 2019.
Are goods under detention by Zimra before the 23rd affected?
Yes, they are affected but the importer can apply for an exemption through the channel highlighted above.
Do I need to pay for the storage charges in forex?
No, storage charges can still be paid in local currency since they are not specified on Statutory Instrument Number 252A of 2018.
For more information, please approach your nearest Zimra office.
Disclaimer: This article was compiled by the Zimbabwe Revenue Authority for information purposes only. ZIMRA shall not accept responsibility for loss or damage arising from use of material in this article and no liability will attach to the Zimbabwe Revenue Authority.
To contact Zimra: WhatsApp line: +263 782 729 862. Visit our website: www. zimra.co.zw. Follow us on Twitter: @Zimra_11. Like us on Facebook: www.facebook.com/Zimra.11. Send us an e-mail: [email protected]/[email protected]. Call us (Head Office): 04 –758891/5; 790813; 790814; 781345; 751624; 752731.
Please note that all Zimra services are free of charge!!
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