The Herald reports that the Zimbabwe Revenue Authority (Zimra) collected $7,5 million in 12 days in car import duty at Beitbridge as vehicle dealers acted on rumours Government intends to introduce duty in US dollars.
Normally, Zimra collects $8,5 million monthly. In an interview with The Herald, Zimra’s acting head of communications Mr Taungana Ndoro confirmed the development yesterday. Ndoro said 3 980 vehicles were imported between October 2 and 14 from South Africa with Manica receiving 2 093 and Malindi handling 1 887 cars. Said Ndoro:
The current increase in vehicles imported has not been caused by the fiscal policy review. It came about from speculation that duty would be paid in US$ from 15 October, 2018. You will therefore note that numbers started to increase on Monday 8 October, 2018, peaking on Saturday where we had 742 vehicles imported in a single day. We are receiving an average of 500 vehicles that are being imported from South Africa daily. Further to that, we are processing an average of 200 entries of vehicles imports per day. A total of $7 479 167,03 in import duty was collected on 2 834 vehicles during the period under review.
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