• Linkdin

30% duty on imported cotton fabric in Zimbawe from Jan 1

29 Dec '17
1 min read

Zimbawe will impose 30 per cent customs duty on imported cotton fabric beginning January 1 as part of tax measures aimed at protecting local industries. This was recently announced by finance minister Patrick Chinamasa. The textile sector continues to face competition from cheap imported fabrics despite government support measures, he said.

Due to limited administrative capacity at borders to identify the various types of fabrics, importers declare imported products under tariff codes attracting lower duty rates, a newspaper in Zimbawe quoted Chinamasa as saying.

To combat this, his ministry will soon introduce a fabric specification declaration form to verify the imported fabrics, he said. The help of the Zimbabwe Revenue Authority will also be taken in this initiative. (DS)

Fibre2Fashion News Desk – India

Leave your Comments

Esteemed Clients

Woolmark Services India Pvt. Ltd.
Weitmann & Konrad GmbH & Co. KG
VNU Exhibitions Asia
USTER
UBM China (Shanghai)
Tuyap Tum Fuarcilik Yapim A.S.
TÜYAP IHTISAS FUARLARI A.S.
Tradewind International Servicing
Thermore (Far East) Ltd.
The LYCRA Company Singapore  Pte. Ltd
Thai Trade Center
Thai Acrylic Fibre Company Limited
X
Advanced Search