In a move designed to boost the Made in Rwanda drive, the government has announced a tax exemption for importation of leather and textile raw materials.
The decision announced at the weekend was taken in collaboration with local leather and textile manufacturers in the face of government’s policy to ban second-hand leather and footwear products.
The decision became effective Friday, December 2, 2016.
Innocent Safari, the Permanent Secretary Ministry of Trade, Industry and EAC Affairs (MINEACOM), explained at the weekend that the exemption applies to both import duties and Value Added Tax (VAT). Read more. Source | New Times