Drop duties on VAT-exempt French fries, says consultant
‘Why is government imposing duties on VAT-exempt products?’
02 November 2022 - 20:33
Food industry players have questioned the government’s decision to implement import duties on French fries, especially considering that they are VAT-exempt to make them more affordable.
Donald MacKay, the founder and director XA International Trade Advisors, a major trade advisory firm in SA, highlighted during a media briefing on Wednesday that potatoes and fries are VAT-exempt under current government legislation...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.