TEXTILE IMPORTS IMPASSE: Protected items list to be reviewed
After making concessions following a strike by traders over new tax computations on imported textiles, government has finally released the signed commitment to the traders. The only contention is with 47 items which are deemed worthy of protection by government and this list will be reviewed by the 31st of December 2021. This means the traders have scored a victory where most of the items will continue paying the 35% tax based on cost of import and not in kilograms.