Fiscal Measures | Fiscal Year 2016/2017
May 26, 2016
ITEM
NO.
DESCRIPTION
EXISTING
RATE
PROPOSED
RATE
ENABLING
LEGISLATION
AGENCY
COMMENTS
Annex D
RESPONSIBLE
[382]
1
Reduce the duty on costume jewellery.
20%
Free
Tariff Act
Customs
Department
Amendment
seeks to align
the duty rate
with other
“Tourist”
items
2
Remove the duty on perfumes.
5%
Free
Tariff Act
Customs
Department
Amendment
seeks to align
the duty rate
with other
“Tourist”
items
3
Remove the duty on baby clothes.
20%
Free
Tariff Act
Customs
Department
This is a Tariff
adjustment to
align the duty
rate on all
baby clothes
(children of a
height of 86cm
(3ft) or less
4
Adjust the duty rate on freezers.
35%
5%
Tariff Act
Customs
Department
This is a Tariff
adjustment
so that all
tariff headings
for freezers
attracts a same
rate of duty
5
Reduce the duty on other detergents.
7%
5%
Tariff Act
Customs
Department
This
amendment
seek to
correct those
few remaining
Tariff headings
that attract a
7% duty rate
6
Reduce the duty on other builders
joinery and carpentry of wood.
7%
5%
Tariff Act
Customs
Department
This
amendment
seek to
correct those
few remaining
Tariff headings
that attract a
7% duty rate
2016/2017
DRAFT
ESTIMATES
OF REVENUE &
EXPENDITURE