Zimbabwe Revenue Authority (ZIMRA) boss Gershom Pasi has been suspended together with five other top executives over the importation of cars, according to the State-owned Herald.
The five executives are: Loss control director Mr Charlton Chihuri; Commissioner of Customs and Excise Anna Mutombodzi; director of ICT and Infrastructural Development Tjiyapo Velempini; director internal audit Clive Charles Majengwa; and director human resources Sithokozile Thembani Mrewa.
ZIMRA board chairperson Willia Bonyongwe said the authority was now carrying out a forensic audit and had appointed Happias Kuzvinzwa, as acting Commissioner-General. Kuzvinzwa is Commissioner Domestic Taxes.
Last year Bulawayo South Member of Parliament Eddie Cross queried why the country was earning so little revenue from the importation of vehicles which he said were worth $1.5 billion.
“We import $1.5 billion worth of motor vehicles a year and yet the total revenue received at the border last year was only $385 million which is five percent,” he said in his contribution to the President’s Speech for the official opening of Parliament.
“The average duty on a motor vehicle is 60 percent, Mr. Speaker, that means we should be earning 600 to 700 million dollars a year just from motor vehicles. Why is it not coming into the exchequer? That is one of the principal reasons why in fact we are so short of money. It is because our border posts are so porous.”
See also:
How does Zimbabwe manage US$8 billion imports from US$3 billion exports?
(306 VIEWS)
This post was last modified on May 7, 2016 8:52 am
Quarterly taxes, which are due next month, will force businesses to sell a quota of…
Zimbabweans will soon be able to change their ZiG to United States dollars and vice-versa…
Senator Sengezo Tshabangu yesterday expressed dismay at the pace at which the government is constructing…
Zimbabwe has ordered providers of goods and services to use the official exchange rate or…
Zimbabwe is going to introduce legislation which ensures that the country uses one exchange rate…
The role of social media on how people get their news in Zimbabwe is being…