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Govt Suspends Import Duty On Public Service Buses

2Β years agoTue, 02 Aug 2022 18:27:35 GMT
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Govt Suspends Import Duty On Public Service Buses

The government has gazetted Statutory Instrument 138 of 2022 which suspends import duty for approved importers of buses.

According to the new regulations, approved importers are public bus operators duly registered in terms of Part III of the Road Motor Transportation Act (Chapter 13:15).

Bus operators will, however, not be allowed to import more than 20 public service buses in any twelve-month period beginning on 1 August 2022. Part of SI 138 of 2022 reads:

Customs duty shall be suspended on importation of public service buses imported by approved importers in terms of this section at a customs duty rate of zero per centum.

An approved importer shall be allowed to import not more than twenty (20) public service buses in any twelve-month period beginning 1st July, 2022.

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The Secretary for Transport and Infrastructural Development shall, on a case-by-case basis, recommend to the Commissioner qualifying public service bus operators duly registered in terms of Part III of the Road Motor Transportation Act (Chapter 13:15).

A public service bus shall be admitted under suspension of duty only if the approved importer has furnished to the satisfaction of the Commissioner.

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