Outcry over VAT on rice
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Retailers cry foul over the order to pay VAT on rice backdated to 2017
The Confederation of Zimbabwe Retailers (CZR) is crying foul over a recent letter in which Finance and Economic Development Minister Prof Mthuli Ncube insisted that retailers should pay Value Added Tax (VAT) on rice for periods backdated to 2017 on packages of 25kg or less. In the letter, Prof Ncube said Treasury could not accede…