Interstate transit operations and related services are now exempted from the turnover tax.
The exemption of essential products and drugs has been clarified as follows :-
Essential products, insecticides, Fungicides, pharmaceutical products as well as inputs used in manufacturing them. Essential products listed in Annex 4 of the turnover tax ordinance inputs for animal feed manufacture as well as inputs for fishing activities which are used by producers provided the finished product is itself exemption.
Transport operations regarding raw or processed timber destined for export are also exempted.
Subject to reciprocal treatment and quotas fixed by the competent authorities, goods and services destined for the official use of foreign diplomatic missions and international organisations, for the use of diplomatic agents and technical and administrative staff of these missions as well as family members living with them are exempted.
NOTE: The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought for specifics.
For further information contact Mr Nico Halle, Tel: +237 42 64 79 or Fax: +237 43 26 34 or enter text search 'Nico Halle Law Firm' and 'Mondaq Business Briefing'.