High tax on car imports

High tax on car imports
Published: 25 May 2018
The cost of importing used vehicles is likely to increase as government is considering raising import levies on all pre-owned cars, Industry, Commerce and Enterprise Development Minister Mike Bimha has said.

The initiative, meant to curtail grey imports and create the market for new vehicles, will entail a gradual increase in customs duty and surtax to narrow the gap between new and used cars.
- Business Weekly
Tags: Tax,


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