Business updates

Budget 2017-2018 – Changes in Customs Duties, Excise Duties and VAT

Budget 2017-2018 – Changes in Customs Duties, Excise Duties and VAT

Trade 12 Jun 2017

Following the Budget 2017-2018, a number of amendments regarding the rates of taxes have been made to the Excise ACT, Customs Act and the VAT Act. The MRA Customs notification to Declarants and Importers as well as the complete list of products with their respective HS Codes on which tax changes have occurred can be downloaded below: