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Labrish
Nyuuz
Zimbabwe Suspends Excise Duty on Imported Raw Wine for Two Years
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[QUOTE="Munyaradzi Mafaro, post: 46864, member: 636"] Zimbabwe removed taxes on raw wine imports for local manufacturers. The government made this change through a new law that started June 27. Companies can avoid paying extra fees when they bring raw wine into the country for making finished products. The tax break lasts for two years under Statutory Instrument 68 of 2025. Wine makers can import up to 100,000 litres each year without paying the usual duties. The measure targets one specific type of raw wine used in production processes. Finance Minister officials created these rules to help the wine industry grow. Local companies must get permission from tax authorities before they can use the program. Each business needs approval to qualify for the duty-free imports. Manufacturers must sign papers promising they will only use the raw wine for processing. They cannot sell the imported wine directly to customers without making it into finished products first. The tax office checks these promises to make sure companies follow the rules. Officials can take away the tax break if companies break other revenue laws. The program aims to make local wine production more affordable. Businesses save money on import costs and can invest more in their operations. [/QUOTE]
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Nyuuz
Zimbabwe Suspends Excise Duty on Imported Raw Wine for Two Years
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