Customs
Government boosts local vehicle assembly plants

suspends Customs Duty On Vehicle kits for five years
This suspension will also be in effect for five years, from January 1, 2025, to December 31, 2029.
The SI states thus:
“IT is hereby notified that the Minister of Finance, Economic Development and Investment Promotion has, in terms of section 235 as read with section 120 of the Customs and Excise Act [Chapter 23:02], made the following regulations:-
1. These regulations may be cited as the Customs and Excise (Suspension) (Amendment) Regulations, 2024 (No. 277).
2. These regulations shall come into effect on 1st January, 2025.
3. The Customs and Excise (Suspension) Regulations, 2003, published in Statutory Instrument 257 of 2003 (hereinafter called “the principal regulations”), are amended as follows-
(a) in section 9V (“Suspension of duty on semi-knocked down (SKD) single and double cab motor vehicle kits imported by approved assembler“) by the deletion of subsection (7) and substitution of-
“(7) Customs duty is suspended to a rate of zero per centum on SKD single and double cab motor vehicle kits imported or taken out of bond by an approved assembler for use in the assembly of single and double cab motor vehicles in terms of this section for a period of five years from 1st January, 2025 to 31st December, 2029.”;
(b) by the insertion in section 9HH “Suspension of duty on public service buses imported by approved importers” of following-
“With effect from 1st January, 2025, duty suspension shall only apply to public services buses that were purchased on or before 28th November, 2024, and cleared for consumption by 14th February 2025.
“Thereafter the suspension of duty provided under this section shall cease and duty shall be payable on all public service buses imported into Zimbabwe.”
(c) in section 9KK (“Suspension of duty on semi-knocked down (SKD) bus kits imported by approved assembler”) by the deletion in of subsection (2) and substitution of-
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“I, however, know that the increment is backed by the Nigeria Customs Service Act 2023. The increment is in the Act. That is where they brought it from” Emenike declared.
“The increment started today. NECOM will be meeting very soon to take a stance on the new development.”, the ANLCA high Chief stated.
“All the freight forwarding associations would have to come together on this matter” Oduntan thundered .
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