HARARE: The Zimbabwe Revenue Authority (Zimra) has, with effect from Wednesday last week, unilaterally increased import duty on used vehicles. The new development has seen duty for a wide section of vehicles increasing by between $200 and $400.
It is understood that where an importer used to spend an average $6,000 on their new vehicle, they now need an extra $400 to meet all the requirements.
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Zimra’s Director of Corporate and Legal Affairs, Florence Jambwa, had not respond to e-mailed questions by end of business yesterday.
A Zimra official in Beitbridge said the main objective of the changes was to ensure that all motor vehicle importers pay a standard amount in duty for various vehicles.
We’re now calculating value of duty based on a national catalogue which has since been dispatched to all borders.
In previous years, individual stations were using varying values for duty purposes (VDP) but now we’re now calculating duty based on one standard VDP.
