Massive Cut Proposed In Vehicles Import Duty and Levy In 2021

Federal government is proposing a drastic cut in levy imposed on imported cars in 2021 fiscal year from 35 per cent to five per cent

It also proposed a slash of import duty on tractors and vehicles used for transportation of goods from 35 per cent to 10 per cent

The proposals are parts of the highlights of the 2020 finance bill, to be forwarded to the national assembly for consideration along with the 2021 appropriation bill for approval Finance minister, Zainab Ahmed had explained that the proposed cut in import duty aims at reducing the cost of haulage of goods and transportation in the country

DOWNLOAD THE ROCKCITYFM APP AND LISTEN LIVE

Please subscribe to our newsletter

CONTACT US

Do you have any request or enquiry? Do not hesitate to send us an email and we'll get back to you, asap.

Sending

©2021 RockcityFM The Voice of the People

Need Help? Chat with us
or

Log in with your credentials

or    

Forgot your details?

or

Create Account