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Finance Law 2022: Electric and hybrid motorcycles manufactured or sold are exempt from customs duties and VAT, extension other VAT exemptions

  • An exemption from all customs duties and taxes and VAT during the period 1 January to 31 December 2022 for:
    • new trucks imported, manufactured, or sold in new condition in Benin;
    • new four-wheeled vehicles imported, manufactured, or sold in new condition in Benin and intended for the establishment of a fleet of taxis in the major cities (excluding large and commercial vehicles);
    • buses, coaches, and minibuses of all categories, imported, manufactured, or sold in new condition in Benin and intended for public transport;
    • aircraft and aerostats and their spare parts; and
    • containers for compressed or liquefied gases and accessories (burners, pot supports, pipes, fittings, regulators, gas stoves without oven, and tap-regulators) imported, manufactured, or sold in Benin;
  • continued measures for COVID-19 from 1 January to 31 December 2022, including:
    • An exemption from all customs duties and taxes and VAT on health equipment, materials, and other health inputs used in the fight against the Covid-19 pandemic; and
    • An exemption from taxes, duties, and fees, with the exception of income tax, on contracts for the supply of services and works, import and delivery of equipment, materials, and consumables related to the response to the COVID-19 pandemic;
  • From 1 January 2022, electric and hybrid motorcycles manufactured or sold in Benin are exempt from customs duties and VAT;
  • …..

Source Orbitax

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