11/10/2022 0 Comments Asycuda world namibia![]() ![]() Once approved, the exemptions must be forwarded to the Asycuda World Functional Team for capture on the Customs system prior to importation to ensure exemption from import VAT. Where may application be made for exemption from import VAT on the above products?Īpplication should be made at Customs Head Office, Division: Trade Facilitation, Fiscus Building, John Meinert Street, alternatively, at the Customs point of entry office. (b) Energy and protein concentrates: Cotton oil cake, sunflower oil cake, maize chop, wheat bran, soya oil cake, full fat soya, maize meal, whole maize kernels, molasses, wheat, barley, oats, sunflower hulls, whole cotton seed and maize bran. (a) Roughage: Lucerne, grass-teff and other wheat straw, oats straw/hay, maize hay, sorghum hay and silage Which products may be imported exempted from VAT?Ĭustoms confirmed that the following products fall under the exemption: In the last mentioned instance, VAT will still be payable at the standard rate of 15%. It is important to note that the exemption will only apply on importation and not when buying animal feed products in Namibia from registered suppliers. The Customs and Excise department will administer exemption and Customs is responsible for the collection and recording of import VAT on behalf of Inland Revenue in terms of section 14(5) and (6) of the VAT Act.Ĭustoms confirmed that the import VAT exemption applies to individual farmers (communal and commercial farmers) in all regions of Namibia importing animal feed products directly for own use and not for resale. Inland Revenue confirmed that the exemption would be applied in view of the prevailing drought conditions and consequent state of emergency declared by President Hage Geingob earlier. The mentioned rebate item reads: “Goods imported (1) for the relief of distress of persons in cases of famine or other natural disaster.” 10 of 2000), as amended (the VAT Act), may qualify for exemption from VAT on importation. In response, Inland Revenue indicated that goods imported under rebate item 412.11, paragraph 2(g)(i) of Schedule V to the Value Added Tax Act (Act No. The Namibia Agricultural Union (NAU) has requested the Department of Inland Revenue to exempt Namibian farmers from paying value-added tax (VAT) on the importation of certain animal feed products. ![]()
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