Uganda Revenue Authority (URA) has said that through a ministerial directive, textiles and garments which are not manufactured in Uganda and as such cannot be adequately sourced locally have been maintained at an import duty rate of 35%.<\/p>\n\n\n\n
These textiles account for 90% of the clearances by the textile and garments traders.<\/p>\n\n\n\n
However, Ian Rumanyika, the acting Assistant Commissioner, Public and Corporate Affairs at URA said that the government has waived the specific duty rate of USD 3\/3.5 per kg for the 90% of the textile and garments fabrics that are not manufactured in Uganda.<\/p>\n\n\n\n
He noted that they are in possession of 125 containers and so far, 9 have been cleared due to the new tax regime as pronounced by the Honourable Minister of Finance Planning and Economic Development.<\/p>\n\n\n\n
“Honourable Minister of Finance Planning and Economic Development has waived the specific duty rate of USD 3\/3.5 per kg for the 90% of the textile and garments products, therefore these will remain at the 35% rate and as such, there is no increment of the taxes,” he said.<\/p>\n\n\n\n
He further explained that the 35% was the tax rate applicable on textile for the Financial Year 2020\/2021 and therefore status quo has been maintained.<\/p>\n\n\n\n
Meanwhile, City traders under their umbrella body Kampala City Traders Association threatened to close their business in protest over rental arrears accumulated during the lockdown.<\/p>\n\n\n\n
The traders are accusing the government of ignoring their plight yet landlords continue harassing them.<\/p>\n\n\n\n
The acting association\u2019s chairperson Thaddeus Musoke in a statement said they plan to have the peaceful demonstration from 1st September due to government\u2019s failure to assist the traders despite their outcry and petitions.<\/p>\n\n\n\n
He said it is unfair for government to look on as landlords harass them to pay rental arrears yet they were not working during the lockdown.<\/p>\n","protected":false},"excerpt":{"rendered":"
Uganda Revenue Authority (URA) has said that through a ministerial directive, textiles and garments which are not manufactured in Uganda and as such cannot be adequately sourced locally have been maintained at an import duty rate of 35%. These textiles account for 90% of the clearances by the textile and garments traders. However, Ian Rumanyika, […]<\/p>\n","protected":false},"author":27983,"featured_media":25899,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_paywall_metabox":[],"jnews_override_counter":[],"footnotes":""},"categories":[101],"tags":[31,119],"class_list":["post-26099","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-featured","tag-uganda-news"],"_links":{"self":[{"href":"https:\/\/ugmirror.com\/index.php\/wp-json\/wp\/v2\/posts\/26099","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ugmirror.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ugmirror.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ugmirror.com\/index.php\/wp-json\/wp\/v2\/users\/27983"}],"replies":[{"embeddable":true,"href":"https:\/\/ugmirror.com\/index.php\/wp-json\/wp\/v2\/comments?post=26099"}],"version-history":[{"count":2,"href":"https:\/\/ugmirror.com\/index.php\/wp-json\/wp\/v2\/posts\/26099\/revisions"}],"predecessor-version":[{"id":26102,"href":"https:\/\/ugmirror.com\/index.php\/wp-json\/wp\/v2\/posts\/26099\/revisions\/26102"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ugmirror.com\/index.php\/wp-json\/wp\/v2\/media\/25899"}],"wp:attachment":[{"href":"https:\/\/ugmirror.com\/index.php\/wp-json\/wp\/v2\/media?parent=26099"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ugmirror.com\/index.php\/wp-json\/wp\/v2\/categories?post=26099"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ugmirror.com\/index.php\/wp-json\/wp\/v2\/tags?post=26099"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}