Daily Monitor
Friday February 26 2021
Kacita has petitioned the ministries of Finance, Trade, and commissioner general of Uganda Revenue Authority to rescind the new tax policy, saying it has increased the cost of importation of textile products
Summary
Under the new policy, the tax rates of textiles were increased to 35 per cent as import duty from 25 per cent, and to $5 per kilo on the imported textile materials.
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The Kampala City Traders’ Association (Kacita) has petitioned the ministries of Finance, Trade, and commissioner general of Uganda Revenue Authority to rescind the new tax policy, saying it has increased the cost of importation of textile products.