Duty, VAT suspension cheers stakeholders
PRISCILLA MWILA, MWILA NTAMBI Lusaka, Kitwe SUSPENSION of customs duty and value added tax (VAT) on medical supplies will enable Zambia stock enough medicine and other materials needed to win…
PRISCILLA MWILA, MWILA NTAMBI Lusaka, Kitwe SUSPENSION of customs duty and value added tax (VAT) on medical supplies will enable Zambia stock enough medicine and other materials needed to win…
ESTHER MSETEKA, Lusaka THE Chamber of Mines has commended Government for dropping the proposed sales tax and has since called for payments of value added tax (VAT) refunds on a…
PRISCILLA MWILA, Parliament
GOVERNMENT’S decision to maintain value added tax (VAT) has removed uncertainty in the economy which was created by the proposal to introduce sales tax. (more…)
ESTHER MSETEKA, Lusaka
GOVERNMENT could raise about K6.7 million from penalties slapped on businesses that failed to issue receipts to consumers. (more…)
Dear editor,
RECENT disclosure by ZRA Commissioner General Kingsley Chanda that since the announcement by Government to replace VAT with Sales Tax this year, VAT refunds have shot up to K1.4 billion from about K700 is sad for the country and vindicates Government’s move to do away with a fraudulent system. (more…)
NALISHEBO NAMAIKO, Lusaka
THE sluggish settlement in export duty and value added tax (VAT) refunds by the revenue authority has negatively affected Metal Fabricators of Zambia Plc (ZAMEFA)’s operations. (more…)
NANCY MWAPE, Lusaka
GOVERNMENT has said efficient and timely administration of the value added tax (VAT) refunds and duty drawback scheme is important for the growth of the manufacturing sector that has remained subdued. (more…)