GOVT CUTS DUTY ON US$ FUEL
Government has slashed customs and exercise duty on fuel
imported using free funds by 50 percent for diesel and 44 percent for both
leaded and unleaded petrol in a move that is aimed at reducing the cost of the
liquid.
The announcement was done th…
Government has slashed customs and exercise duty on fuel
imported using free funds by 50 percent for diesel and 44 percent for both
leaded and unleaded petrol in a move that is aimed at reducing the cost of the
liquid.
The announcement was done through Statutory Instrument 64
of 2020 also referred to as Customs and Exercise (Tariff Amendment) Notice 2020
number 14.
Duty for petrol is now