Cross border traders are crying foul over the latest development in which the Zimbabwe Revenue Authority (ZIMRA) has announced that clothing items are no longer covered by the travellers rebate saying this has dealt a heavy blow on their industry.While most Zimbabweans who were not absorbed by the formal sector depended heavily on imported clothing items for resale in the country, the business has been suffocated by the latest regulations effected on the first of January.
The cross border traders are already feeling the pinch and have called on the government to review the policy, arguing there is virtually no local clothing industry to be protected.
The announcement of the 2012 budget statement and the subsequent amendments to the Customs and Excise Regulations Statutory Instrument 154 of 2001 have brought about changes to the travellersâ€™ rebate with regards to goods that qualify for duty free importation.
The cross border traders say government should have consulted them first as their source of income has been destroyed.
The travellerâ€™s rebate now provides for the duty free importation of travellersâ€™ used personal effects, as well as other goods of a value for duty purposes not exceeding US$300.
Goods imported for commercial or trade purposes do not qualify for a rebate under the latest provisions.