Govt removes tax on aircraft spare parts

A Government Gazette published on Friday stated that Finance minister Patrick Chinamasa in terms of section 235 of the Customs and Excise Act removed duty on engine spares for Air Zimbabwe.

Part of the Gazette reads:

Subject to this section and to such conditions as the commissioner-general may, fix a rebate of duty shall, with effect from 1st January 2017 to 31 December 2017, be granted on engine spares and components for Air Zimbabwe.

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The Gazette further lists numerous engine spares’ tariff headings which have been approved by Chinamasa to benefit from the directive in a bid to avert departure and arrival delays.

More: Daily News

Air ZimbabwePatrick ChinamasaZimbabwe

Air Zimbabwe is the national airline of Zimbabwe. The airline has faced financial difficulties over the last decades owing to alleged mismanagement. In June 2017, the airline was rebranded to Zimbabwe Airways in an attempt to boost the national carrier’s fleet and increase its routes.... Read More About Air Zimbabwe

Patrick Anthony Chinamasa is a Zimbabwean politician and a member of Zanu-PF. He is the former Minister of Finance and Economic Planning. He was reappointed to the ministry after President Emmerson Mnangagwa had appointed his cabinet in November 2017. Chinamasa is former Minister of Cyber... Read More About Patrick Chinamasa

The Republic of Zimbabwe is a country located in the Southern Africa region. Its capital city is Harare and the country has 10 Zimbabwe Provinces. Zimbabwe is 390,580 sq km and is bordered on all sides by other countries (Zambia in the north, South Africa... Read More About Zimbabwe

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Govt removes tax on aircraft spare parts