Sales Tax Twelfth Schedule – Value-addition tax on imports
Commercial importers pay a minimum value-addition tax at import, in addition to the 18% sales tax, on goods meant for resale.
Who it applies to
Commercial importers of goods for resale
Rates and limits
| Item | Rate / rule |
|---|---|
| Rate | Value-addition tax of 3% of the import value |
| When | At the import stage, collected by Customs |
| Excluded | Third Schedule goods, mobile phones, plant and machinery and other listed goods |
| Credit | Adjustable in the importer's sales tax return under the rules |
How it works in practice
It keeps resellers in the tax chain. Keep import goods declarations matched to Annex-B so the tax paid at import is claimed.