The Zimbabwe Revenue Authority (Zimra) recorded a decline
of $27 million in revenue collected from both commercial and vehicle imports
during the 10 days after Government effected the payment of duty on specified
goods in foreign currency on November 23.
It is understood that Zimra collects 30 percent of
Government revenue.
In addition, 70 percent of the authority’s total revenue
comes from Beitbridge which racks in around $400 million annually.
Zimra’s head of communications Mr Francis Chimanda said
during the 10 days before the announcement of the 2019 national budget they
collected a total of $44 579 314, 94 on commercial goods.
“Further, a total of $17 935 969,83 in revenue was
collected between November 23 and December 2, 2018 on commercial goods at all
ports of entries,” he said.
Mr Chimanda said they collected $5,4 million (between 12
and 22 November) and $1,6 million (between 23 November and 2 December),
respectively on vehicle imports nationwide. He said vehicle import through
Beitbridge had declined from around 200 to 40 daily.
“An average of 40 vehicles are being cleared on a daily
basis,” he said.
Further, the national daily average of revenue collected
for imported vehicles and commercial goods is $267 311,90 and $3,1 million
daily.
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