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FIJI NEWS
November 22, 2012 12:00:00 AM
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Fiji’s Revenue and Customs Authority has reminded importers that the new duty rates announced in the 2013 National Budget announcement would also apply to goods removed for home consumption from midnight, Wednesday, November 21.

These are goods stores in warehouses, inland freight stations (uncleared cargo), tax free factories, tax free zones, Duty Suspension Scheme firms and excise factories.
The changes in the duties and tariffs are contained in the Customs Tariff (Budget Amendment) Decree 2012.

“The duty rates and other changes relating to the Customs Tariff Act shall apply to goods arriving for the first time in Fiji by ship or aircraft, after midnight, Wednesday November 21,” FRCA chief executive, Jitoko Tikolevu said.

In order to encourage and protect manufacturers of dairy products, the Government has increased fiscal duty by 17 per cent to 27 per cent on liquid milk, powdered milk, butter and cheese.

The 10 per cent duty on import excise duty on the importation of vegetables has been removed. Some of these vegetables include tomatoes, leeks, cauliflowers, broccoli, sprouts, cabbage, lettuce, chicory, turnips, gherkins, leguminous vegetables, capsicums, spinach, artichokes and olives.

As an effort to prevent the escalation of non-communicable diseases, fiscal and excise duty on alcoholic beverages and tobacco goods had been increased by 10 per cent to discourage consumption.

For the prevention of environment pollution and reduction of fuel bill payment, fiscal duty on motor spirits and diesel fuel had been increased by 2 cents per litre to discourage usage of fossil fuel and to encourage the use of bio and non-fossil fuel.

In support of our local manufacturers, import excise of 15 per cent has been imposed on certain plastic packing goods, table and kitchenware goods and freezer panels that are made in Fiji.

By Lavenia Vuadreu

 

B*tch Better Have My Money


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