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VAT measures proposed in 2022 budget

  • Removal of 10% excise tax and 14% VAT on the importation of motor trucks less than four years old, of any tonnage utilised for transport of goods
  • Removal of 14% VAT on the importation of new haulers for pulling containers or similar vehicles
  • Removal of 14% VAT on cranes, safety equipment, and oil spill response equipment

Source: KPMG

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