IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Outflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 01 Aug 2010 | Removal date: open ended
Still in force

Export tax

The Zimbabwean Minister of Finance, Mr. Tendai Biti has announced the increase in the export tax on unprocessed chrome from 15% to 20% and the amendment of the definition of unbeneficiated chrome ores and fines to include semi-processed chrome concentrates.
 
In 2007, a ban was placed on the export of unprocessed chrome ores and fines. The ban was lifted for 18 months, beginning 1 November 2009 and a tax of 15% imposed. However, as a result of exporters avoiding the payment of tax by exporting crushed chrome ore without adding value, the tax rate has been increase in order to promote value-addition.
 
 

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

142 Non-ferrous metal ores & concentrates
2610 Chromium ores and concentrates.
261000 Chromium ores and concentrates.

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