EAC states review CET to protect imported goods from double taxation
New East African Community rules could see excessive protection granted to sensitive goods such as maize, rice, wheat, textiles and sugar abolished and a uniform duty applied to the products. PHOTOS | FILE
East African Community member states have resolved to review the common external tariffs (CET) for goods imported into the region to strike a deal on the taxation of “sensitive” products.
The EastAfrican has learnt that the proposed review of the EAC three-band tariff could see excessive protection granted to sensitive goods such as maize, rice, wheat, textiles and sugar abolished and a uniform duty applied to the products.