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President ratifies 13th Amendment Bill to Export Import Act – Press Release

The President's Office

President Abdulla Yameen Abdul Gayoom has today ratified the ‎13th ‎Amendment Bill to the Export Import Act (Act No. 31/79).‎ The Amendment was passed by the Parliament at the 9th ‎sitting of its ‎first session, on 1st March 2017. Following ratification, the ‎bill has been ‎published in the Government Gazette.

Due to the amendments brought to the bill, 15% duty will be charged from water amongst off the rack liquids. Apart from this, 4 Rufiyaa 60 Laari will be charged as duty from 1 litre of soft drinks and 33 Rufiyaa 64 Laari will be charged as duty from 1 litre of energy drinks.

Similarly, due to the amendments brought to the bill, 2 Rufiyaa will be charged from each cigarette increasing the duty of cigarettes to 25%.

 

 

Source URL: The President's Office

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