Tanzanian companies have been granted exemption on imported products that attract 35 percent duty, barely a month after the EAC Common External Tariff came into force.
In a legal notice signed by the EAC Council of Ministers Chair Betty Maina, the companies can now import, at zero percent for a year, raw materials and inputs for the manufacture of wire products.
For more information, please see https://www.theeastafrican.co.ke/tea/business/tanzania-firms-import-raw-material-for-wire-products-tax-free-3928306
