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0000 (printed publications) is being imported at ZERO rated customs duty, sales tax and withholding tax, which creates a chaotic tariff anomaly to extreme detriment of the printing industry.
There is currently a serious tariff anomaly whereby PSF blended yarn has zero percent import duty, but the import of PSF as raw material is subjected to a punitive regime of 4.
He further said that there is currently serious tariff anomaly whereby PSF blended yarn has 0% import duty but the import of PSF as raw material is subjected to a punitive regime of 4.
To resolve these difficulties a high powered Tariff Anomaly Committee was set up by the government.