Govt Suspends Duty On Selected Commodities

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Government announced that the suspension of duty on selected commodities came into effect on Wednesday last week according to a Government Gazette published on Friday.

Duty will be suspended on luxury and public service buses, ammonium nitrate fertilisers, fertilised eggs for hatching and powdered raw milk and raw wine all for approved importers and manufacturers. This is contained in Statutory Instrument 279 of 2018. Customs and Excise duty exemptions have been given time-lines with fertilisers and wines suspension running for 12 months from January 01 while fertilised poultry eggs for hatching have six months duty suspension. The decision to suspend duty on fertilised eggs is meant to ensure recovery of the poultry sector that was recently hit by Avian Flu. Duty on imported asmmonium nitrate fertilisers by approved importers is suspended for the next 12 months.

More: Chronicle

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