Tanzania firms get nod to import raw material for wire products tax free

Tanzania firms get nod to import raw material for wire products tax free

Tanzania firms get nod to import raw material for wire products tax free

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

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