New tax for car imports

ZIMBABWEAN car and other equipment importers have to fork out millions more under a special 2016 tax to reduce ozone-depleting substances and as the cash-strapped government also seeks to widen its revenue collection.
This also comes as local motorists pay through their noses for fuel — specifically up to US$1,28 per litre (R22) — since the Harare administration has lumped up to seven taxes on petroleum products.

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A survey by The Financial Gazette has confirmed moves to implement the four year-old statutory instrument (SI) 131.
“The information that we have is that we communicated with our clearing agents at ports of entry … and we were told that there is a licence which has to be applied in line with Statutory Instrument 131 of 2016 promulgated by the Environment ministry,” a Toyota Zimbabwe representativ

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