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    ZIMRA introduces new export regulations

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    Harare, (New Ziana) The Zimbabwe Revenue Authority (ZIMRA) has introduced new export regulations, effective Monday, requiring exporters and clearing agents to attach a double-stamped consignment note to cargo meant for export.

    ZIMRA is the body responsible for collecting taxes and other revenue streams for the government in Zimbabwe.

    It derives its mandate from the Revenue Authority Act, passed by the Parliament of Zimbabwe in 2002 and other related legislation.

    According to a public notice that ZIMRA issued on Frida, the new requirement is in line with Section 63 (1) of the Customs and Excise (General) Regulations, Statutory Instrument 154 of 2001.

    Exporters and clearing agents must now ensure that a double-stamped consignment note, waybill, bill of lading, Form No 1, or other relevant document is attached as proof of authority to load goods for export from Zimbabwe.

    ZIMRA warned that failure to comply with the new regulations would result in delays in the movement of cargo.

    The authority has been implementing various measures to enhance revenue collection, improve compliance, and facilitate trade.

    As part of its efforts to streamline export procedures, ZIMRA ‘s new regulation aims to strengthen control mechanisms, prevent revenue leakage, and ensure that all exports are properly documented and accounted for.

    New Ziana

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