Fiscal Measures | Fiscal Year 2016/2017 cont’d
May 26, 2016
DESCRIPTION
EXISTING
RATE
PROPOSED
RATE
ENABLING
LEGISLATION
AGENCY
RESPONSIBLE
33
Reduce the excise tax on crystal
glassware.
7%
5%
Tariff Act
Customs
Department
34
Reduction of duty on sanitary ware shower heads, sinks, basins
35%
25%
Tariff Act
Customs
Department
35
Reduction of duty on crown moulding
35%
25%
Tariff Act
Customs
Department
36
Reduction of duty of Parquet flooring
45%
35%
Tariff Act
Customs
Department
37
Reduction of duty on pad locks
45%
20%
Tariff Act
Customs
Department
38
Reduction of duty on door locks
35%
20%
Tariff Act
Customs
Department
39
Reduction of duty on door lock parts
45%
20%
Tariff Act
Customs
Department
40
Reduction of duty on keys
45%
20%
Tariff Act
Customs
Department
41
Reduction of duty on hinges
25%
20%
Tariff Act
Customs
Department
42
Reduction of duty on panel indicators
for alarms systems and alarm systems
parts
45%
duty free
Tariff Act
Customs
Department
43
Reduction of duty on marble,
travertine, granite and other stones
45%
35%
Tariff Act
Customs
Department
44
Reduction of duty on hair dryers
45%
35%
Tariff Act
Customs
Department
45
Reduction of duty on coffee makers
Tariff Act
Customs
Department
46
Reduction of duty of microwaves
45%
35%
Tariff Act
Customs
Department
47
Reduction of duty on irons
45%
35%
Tariff Act
Customs
Department
48
Reduction of duty on toasters
45%
35%
Tariff Act
Customs
Department
49
Reduction of duty on other household
kitchen appliances
45%
35%
Tariff Act
Customs
Department
50
Reduction of duty on heating
resistors( heat coils)
45%
35%
Tariff Act
Customs
Department
51
Reduction of duty on medical, surgical
or lab sterilizers
45%
25%
Tariff Act
Customs
Department
COMMENTS
This
amendment
seek to align
the Tourist
Items.
Annex D
ITEM
NO.
[385]
2016/2017
DRAFT
ESTIMATES
OF REVENUE &
EXPENDITURE