Tue, 04 Jul 2017 09:57:55 +0000 By KALOBWE BWALYA ZAMBIA Revenue Authority (ZRA) should expedite investigations into allegations of tax evasion by some petroleum and energy import companies based in Zambia, High commission to South Africa Emmanuel Mwamba has said. Mr Mwamba said the decision by ZRA to dishonour SADC certificates of origin of oil importing companies, had created an impression that Zambia was not complying with the SADC trade protocol. He said some players in the energy and petroleum sector were allegedly taking advantage of the rules governing tax exemption of goods and products originating from the SADC region thereby denying the Zambian government the much needed revenue. Mr Mwamba also noted that the decision by ZRA to suspend the honouring of SADC certificates of origin that enable importers to be tax exempted had negatively affected industries in Zambia especially the mining sector. Mr Mwamba was speaking at the Zambian mission in Pretoria, South […]
