Bandag Rwanda: Customs Tariffs Hurt Tyre Trade
Bandag Rwanda has told local media sources that high customs tariffs on tyres are hurting the local tyre trade. According to reports, Kenya, Uganda and Tanzania charge only 10 per cent tariffs, compared with Rwanda’s 30 per cent. Gerald Nkusi Mukubu, director for taxpayer services in Rwanda Revenue Authority is quoted as saying tyres are finished goods and therefore will remain under the levy.
He said the customs tariffs for finished imported products is 30 per cent, 15 per cent for semi- finished imported products and zero on fertilisers and drugs. Mukubu added that this is in line with East Africa community common external tariffs for imported finished goods, which are 25 per cent. .
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