Suspend fees, reintroduce VAT on fuel – ZAM
Published On April 2, 2022 » 1819 Views» By Times Reporter » Latest News
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By STEPHANIE KUNDA –
GIVEN the increasing fuel pump prices in the country, the Zambia Association of Manufacturers (ZAM) has called on governement to consider suspending some fees on fuel and instead reintroduce Value Added Tax (VAT).
ZAM President Ashu Sagar said if fees such as the marking fees, terminal fees, excise duty on petrol and Energy Regulation Board (ERB) fees were suspended in the cost structure, the move could help cushion the impact of global prices of fuel.
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