NEWS

Bus Operators Exempted Duty

The fiscal import duty and import excise duty on importation of new buses – with seating capacity of 16 persons or more for bus operators with annual turnovers under $1.5million
30 Jun 2017 11:25
Bus Operators Exempted Duty

The fiscal import duty and import excise duty on importation of new buses – with seating capacity of 16 persons or more for bus operators with annual turnovers under $1.5million has been reduced to zero for two years.

These bus operators will also enjoy fiscal import duty of five per cent and zero import excise duty on the importation of used buses with seating capacity of 16 persons or more for two years.

 

Road Construction Incentives

A five per cent tax will be imposed on exportation of rock, gravel and aggregates.

To reduce wear and tear of Fiji’s road network, high bin dumper trucks with gross vehicle weight exceeding 20 tonnes will be banned with exception of trucks for mining purposes.

 

Edited by Karalaini Waqanidrola

Feedback:  jyotip@fijisun.com.fj



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