Used car imports surge 40%

Used car imports surge 40%
Published: 25 September 2018 (214 Views)
The Zimbabwe Revenue Authority (Zimra) has recorded a 40,9 percent increase in imports of pre-owned vehicles at Beitbridge border post in the last eight months, it has emerged.

Officials statistics from Zimra indicate that the parastatals is collecting $8,5 million from vehicle imports at the country's and Sadc's busiest inland port of entry monthly.

Zimra's acting head of communications Mr Taungana Ndoro said yesterday they were processing an average of 205 imports of second-hand vehicles at Beitbridge alone daily.

These, he said included those cleared under the returning residents rebate facility (Immigrant Rebate).

Second-hand vehicle imports mainly from Japan, UK, Singapore and South Africa are handled at Malindi and Manica Transit shades respectively while new and those which fall under the immigrant rebate are done at the border post.

"We have recorded an increase in vehicle imports at Beitbridge between January and August this year in comparison to the same period in 2017. This year we processed 45 368 import documents for vehicles coming in through South Africa against a total of 26 781 handled last year during the period under review.

"In addition, in 2017 we were processing an average of 2 000 cars per month and the number has increased around 5 000 in 2018," he said.

According to Statutory Instrument 154 of 2001 - Customs and Excise (General) Regulations, 2001 an Immigrant Rebate is granted to any person who enters the country to take permanent residence or a visitor but remains to take up employment or permanent residence or a diplomat but remains to take up employment or permanent residence or to attend any educational institution; or for the purpose of attending any educational                                          institution.

They are allowed to import household property and vehicles duty free on condition that they satisfy the Zimra Commissioner General that they owned the goods and the same (goods) were fully paid for before or on the first occasion of entry into the country and declaration as an immigrant.

Mr Ndoro said under normal circumstance one motor vehicle should be cleared within five and six hours from the time of submission of the requisite and correct documents.

"This includes three hours for physical examinations and duty calculations and payments and another two hours for the necessary verification and processing of the Certificate of Customs Clearance (CCC)," he said.

The Herald is also reliably informed that Government is losing thousands of dollars in potential revenue to syndicates who are abusing the immigrants' rebate facility (Returning Resident) to clandestinely import vehicles duty free across most ports of entries.

It is understood that the racket is well pronounced at Beitbridge Border Post where most vehicle imports from South Africa are processed.

Statistics from Zimra show that 17 immigrant abuse cases were intercepted between December 2017 and April this year.

Further, a total of 3 256 cars were imported under the Immigrant Rebate facility via Beitbridge border post in 2017. On average a modest vehicle attracts import duty of between $2 500 and $5 000.

- the herald

Tags: Imports, Crs, Used,
 0

You May Like These Videos

Comments

There are no comments.

Latest stories

Motlanthe Commission recommends compensation

by Staff reporter | 18 December 2018 | 97 Views

Mthwakazi 'King' turns to TB Joshua

by Mandla Ndlovu | 18 December 2018 | 91 Views

WATCH: War vets call Matemadanda a bogus taxi driver

by Mandla Ndlovu | 18 December 2018 | 110 Views

Zimbabwe colonial farmers to sue Jacob Zuma

by Staff reporter | 18 December 2018 | 133 Views

WATCH: Mnangagwa releases 1 August killings report

by Mandla Ndlovu | 18 December 2018 | 142 Views

Police arrest teachers again

by Mandla Ndlovu | 18 December 2018 | 148 Views

Zimra moves to decongest borders

by Staff reporter | 18 December 2018 | 119 Views

Motlanthe commision nails soldiers; police

by Mandla Ndlovu | 18 December 2018 | 109 Views

Man claims maintenance from ex-wife

by Staff reporter | 18 December 2018 | 103 Views

Uniforms demo moved to January 4

by Staff reporter | 18 December 2018 | 94 Views

Nurses recruitment scam exposed

by Staff reporter | 18 December 2018 | 106 Views

Runyoka victim appeals to his 'locker'

by Staff reporter | 18 December 2018 | 112 Views

Japajapa set free

by newzimbabwe | 18 December 2018 | 100 Views

1 August killings report to be released today

by Mandla Ndlovu | 18 December 2018 | 99 Views

1 Auguist killings report to be released today

by Mandla Ndlovu | 18 December 2018 | 106 Views

DStv opens up channels for the festive season

by Channel24 | 18 December 2018 | 157 Views

Jose Mourinho cried

by AFP | 18 December 2018 | 160 Views

2018: A year of progress!

by Knowledge Moyo | 18 December 2018 | 100 Views

Teachers' Union to #Shutdown Mthuli Ncube office

by ARTUZ | 18 December 2018 | 122 Views

Judicial independence non-negotiable

by Staff reporter | 18 December 2018 | 106 Views

Cassava debuts on ZSE

by Staff reporter | 18 December 2018 | 118 Views

Supa Mandiwanzira trial postponed again

by Staff reporter | 18 December 2018 | 110 Views

Mnangagwa to reshuffle cabinet

by Mandla Ndlovu | 18 December 2018 | 160 Views

'New dispensation': Cosmetic democracy

by AT Kadada | 18 December 2018 | 126 Views

Zimpapers editorial change scam exposed

by Collen Ncube | 18 December 2018 | 152 Views

Tips_for designing customised jerseys

by Staff Reporter | 18 December 2018 | 93 Views

Manchester United fires Jose Mourinho

by BBC | 18 December 2018 | 112 Views

Mutsvangwa pushes for Transitional Authority?

by Mandla Ndlovu | 18 December 2018 | 166 Views

WATCH: Greyhound takes 40 hours from SA to Zim

by Collen Ncube | 18 December 2018 | 160 Views

Chamisa ally gets top Herald post

by Mandla Ndlovu | 18 December 2018 | 151 Views

Fortune Charumbira in delirium about Gukurahundi

by Mkhululi Zulu | 18 December 2018 | 139 Views