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Browsing: Tra
Tanzania’s Ministry of Agriculture has begun cementing its foothold on horticulture activities across Tanzania.
The ministry has just concluded a meeting with horticultural farmers and products exporters, to address taxing and policy drawbacks related to the sub-sector.
The meeting catapulted rather vital issues for the development of the sector, particularly converging Tanzania Ports Authority (TPA) and Tanzania Revenue Authority (TRA) players, but also, gave a path to the possibility of ushering a three-year plan that will be associated with a special managing body.
According to the ministry, the meeting attracted vital players from crucial ministries, including—finance and planning, industry and trade, ports authority and farmers.
Speaking at the meeting, the Deputy Ministry of Agriculture, Hussein Bashe, stressed that the meeting root agenda was to highlight various challenges affecting the sub-sector and respective measures to address them.
Per Tanzania’s National Bureau of Statistics, second-quarter report—the agricultural sector growth rate stood at …
The Tanzanian government has been losing about Tshs.4 billion ($1.7 million) per month in uncollected taxes on locally produced cigarettes and alcoholic beverages before Electronic Tax Stamps (ETS) started being used in January 2019.
The Tanzania Revenue Authority (TRA) Commissioner General, Charles Kichere told reporters on April 16th that in March 2019, TRA collected Tshs.42.8 billion ($18.6 million) on the on cigarettes and alcoholic beverages which is an addition of Tshs.3.5 billion ($1.5 million) compared to Tshs.39.3 billion ($17 million) collected the same month last year.
The Commissioner General said the lost revenue is estimated to be higher than that because some producers are yet to enter ETS due to some reasons and the real amount of money that was being lost will be known once all manufacturers use the new tax system.
He said all local manufacturers as well as importers of cigarettes and alcoholic drinks have until …