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Exemption of Import Duty and Sales Tax for Manufacturing Aids from 2024

  • Import duty and sales tax exemption will be granted to eligible manufacturers
  • Exemption applies to importation and local purchase of manufacturing aids
  • Eligibility is based on predetermined industry type and category of goods
  • Effective from 1 January 2024

Source: www2.deloitte.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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