Fiji Sun Tuesday 13 June 2017 The Fijian Government is providing duty concession to individuals and companies who would like to import Cement from overseas.
The duty concession is provided following the recent shortage of Cement in the Fijian market.
“We understand that the demand for Cement in Fiji is huge at the moment and the Fijian Government is working hard to meet the urgent needs of our people,” FRCA Chief Executive Officer Visvanath Das said.
“Cement imports currently attract a Duty of 32 per cent Fiscal 10 per cent Import Excise and nine per cent VAT. Following the shortage, the import of cement will now be zero-rated, however, nine per cent VAT will still be applicable” he continued.
Cement manufactured and originating from any MSG countries will also qualify for duty concessions under the MSG Agreement attracting the same rate of duty, zero fiscal duty and free Import excise duty but subject to nine per cent VAT. Read more…
