Analysts say robust monitoring mechanisms and fuel marking are best possible solutions to curbing smuggling of the commodity.
This comes on the back of reports of illicit dealings in the fuel industry, which include smuggling of the commodity.
Experts said the fuel industry is one of the key enablers of the economy, hence the need to protect it through believe close monitoring and fuel marking to curb smuggling.
The Permanent Secretary in the Ministry of Energy and Power Development, Mr Partson Mbiriri said the nation is moving towards regional development where studies indicate that fuel marking is the way to go in order to distinguish smuggled fuel and the one which came through the normal channels.
He said the tracking system by ZIMRA is expected to reduce smuggling as they can trace the movement of the precious liquid from the port of entry to its destination.
Economic analyst, Mr Persistence Gwanyanya urged the fuel industry to be responsible enough and stop abusing the privileges it is enjoying from the central bank by further smuggling the precious liquid.
“Smuggling of fuel is a recipe for attracting contaminated fuel on the market, thereby polluting the environment and damaging vehicles,” he added.
A tax expert, Mr Elisha Tshuma believes there is need to capacitate ZIMRA officials to carry out post entry audits and ensure operators are not fraudulently importing the commodity.
Some operators in the industry have been smuggling fuel under the guise of it being on transit while others declare it as paraffin or jet fuel which does not attract duty.