The Ministry of Industry and Commerce and ZIMRA have released a joint statement extending the transitional period for the importation of second-hand cars that are over 10 years old.
PRESS STATEMENT BY MINISTRY OF INDUSTRY AND COMMERCE ON EXTENSION OF ADMINISTRATIVE TRANSITIONAL ARRANGEMENT ON MOTOR VEHICLE IMPORTATION UNDER SI 89 OF 2021
1. Following the promulgation of Statutory Instrument 89 of 2021 on the importation of second-hand cars that are more than 10 years old, the Ministry of Industry and Commerce, in collaboration with ZIMRA is extending the administrative transitional arrangement up to 30 June 2021. This has been done to allow the clearance and processing of outstanding vehicles purchased prior to the gazetting of SI 89 of 2021.
2. The following will still apply:
Ministry of Industry and ZIMRA
I. Motor vehicles must have been paid for on or before 30 June 2021
II. Proof of payment in line with the RBZ Exchange Rate Control Regulations, must be attached; and
III. Any Other supporting documents.
You should also read
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- ZIMRA has started enforcing the second-hand car ban
- Why the reasons for banning second-hand cars make no sense
- The second-hand car ban is decimating ZIMRA’s revenue
- ZIMRA Special Excise Duty rates for change of ownership of second-hand cars
- Extending 10-year-old car imports after “the ban” is all about the money
3 comments
what does that mean?
Does this same apply to returning residents with cars older than 10 years?
They should just remove this SI until we have an economy to talk of this SI is not pro-poor yet we have almost 75%, poor people some who can at least afford a car for transport