Mixed Reactions as ZIMRA Enforces New Duty Regulations For Fuel in Transit

ZIMRA’s New Fuel Duty Regulations Stir Mixed Reactions

The Zimbabwe Revenue Authority (ZIMRA) has introduced new regulations concerning the payment of duty on fuel in transit.

This move, which follows the 2024 Mid-term budget announcement by the Minister of Finance, Economic Development, and Investment Promotion, took effect on August 10, 2024.

Also Read: ZIMRA Targets The Super Rich, Launches Tax Blitz On Private Jet And Luxury Car Owners

ZIMRA New Duty Regulations for Fuel in Transit

ZIMRA has made it mandatory for all fuel types, including petrol, diesel, paraffin, and jet A1, imported by road through Zimbabwe’s ports of entry, to be subject to duty and levies upon entry into the country. This regulation aims to enhance compliance and transparency in the transit of fuel through Zimbabwe.

A key aspect of the regulation is that duty and levies must be paid immediately at the port of entry. However, these payments can be refunded at the port of exit if all transit procedures are properly followed. This includes submitting proof that the fuel has been exported.

ZIMRA outlined that consignees and their representatives must approach the authority at the port of entry to initiate the fuel clearance and payment process. For refunds, the parties involved must visit ZIMRA at the port of exit after the fuel has been successfully exported.

Mixed Reactions from the Public

The announcement of the new regulations has generated a range of responses from the public. Some individuals view the measures as a positive step towards curbing transit fraud.

However, others believe that this move was ill-advised. Critics argue that these regulations could drive truckers to opt for alternative routes, thereby bypassing Zimbabwe altogether.

@PhiriFrank;

This is a loss to Zim transporters and everyone in logistics. They will just use either Kazungula or import through Dar Es Salaam. Who really guides these decisions? What is the purpose of a clearing agent bond that is paid to Zimra?

@Callisto Ganda

On this one Zimra you were ill-advised. Transit trucks will simply use other routes other than Zimbabwe. Zimbabwe is not the only gateway to other SADC countries. Whoever came up with this piece of legislation and arrangement did not do proper background checks and consultations. With all the bureaucracies surrounding refunds who would want to have his working capital tied to Zimra. In as much as you would say you are guarding against transit fraud, you have created another monster making transiting through Zimbabwe exorbitantly expensive. Were proper consultations done with all stakeholders prior to implementation???

@Tsikas Gumbe;

Good move the government was losing alot of money

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