FINANCE ACT, 2003.
ARRANGEMENT OF SECTIONS.
Section
PART I
PRELIMINARY.
PART II
DRAWBACK OF DUTY AND IMPORT COMMISSION.
PART III
AMENDMENT TO THE FINANCE ACT (NO. 2), 1996 CAP. 185.
3. Amendment of section 1 of the Finance Act (No. 2), 1996 Cap. 185.
PART IV
AMENDMENTS TO THE FINANCE (NO. 2) ACT 2002.
4. Substitution of First Schedule to the Finance (No. 2) Act 2002.
5. Amendment of Second Schedule to the Finance (No. 2) Act 2002.
6. Repeal of sections 5, 6, 7 and 8 of the Finance (No. 2) Act 2002.
PART V
TAXES REMITTED UNDER THE EXCISE TARIFF ACT CAP. 338 AND THE CUSTOMS TARIFF ACT, CAP. 337.
First Schedule Manufacturers entitled to claim duty drawback in accordance with section 2 of the Act.
Second Schedule [Repealed].
Fourth Schedule Amendments to the Third Schedule to the Finance (No. 2) Act, 2002.
FINANCE ACT, 2003.
Commencement: 1 July 2003.
An Act to provide for the alteration of certain taxes and duties, to amend certain written laws relating to those taxes and duties, and for other related purposes.
PART I
PRELIMINARY.
This Act may be cited as the Finance Act, 2003.
PART II
DRAWBACK OF DUTY AND IMPORT COMMISSION.
PART III
AMENDMENT TO THE FINANCE ACT (NO. 2), 1996 CAP. 185.
3. Amendment of section 1 of the Finance Act (No. 2), 1996 Cap. 185.
The Finance Act (No. 2) 1996 is amended in section 1 by substituting for subsection (2), the following subsection—
"(2) The import commission charged under subsection (1) shall not apply to—
(a) plant and machinery imported free of duty;
(b) scholastic materials and pharmaceutical products which are exempt or zero-rated for purposes of value added tax;
(c) instruments and appliances used in medical, surgical, dental or veterinary services or laboratories imported free of duty;
(d) raw materials;
(e) agricultural and horticultural inputs imported free of import duty;
(f) goods subject to conditional exemptions specified in Part II of the Second Schedule to the Finance (No. 2) Act 2002; and
(g) imports by Government."
PART IV
AMENDMENTS TO THE FINANCE (NO. 2) ACT 2002.
4. Substitution of First Schedule to the Finance (No. 2) Act 2002.
For the First Schedule to the Finance (No. 2) Act, 2002, there is substituted the provisions of the Second Schedule to this Act.
5. Amendment of Second Schedule to the Finance (No. 2) Act 2002.
The Second Schedule to the Finance (No. 2) Act 2002 is amended in the manner specified in the Third Schedule to this Act.
6. Repeal of sections 5, 6, 7 and 8 of the Finance (No. 2) Act 2002.
Sections 5, 6, 7 and 8 of the Finance (No. 2) Act 2002 are repealed.
PART V
TAXES REMITTED UNDER THE EXCISE TARIFF ACT CAP. 338 AND THE CUSTOMS TARIFF ACT, CAP. 337.
s. 2.
Manufacturers entitled to claim duty drawback in accordance with section 2 of the Act.
Manufacturers of soft drinks, juices, beer, bread, sweets and biscuits.
[Repealed].
s. 5.
PART I
AMENDMENTS TO PART I OF THE SECOND SCHEDULE, TO THE FINANCE (NO. 2) ACT, 2002.
H. S. Code | Description | Unit of Qty | Import Duty | COMESA Duty | Excise Duty | VAT |
0601.10.00 | Bulbs, tubers, tuberous roots, corms, crowns and rhizomes, dormant | U | 0% | 0% | 17% |
|
0601.20.00 | Bulbs, tubers, tuberous roots, corms, crowns and rhizomes, in growth or in flower; chicory plants and roots | U | 0% | 0% | 17% |
|
0901.11.00 | Not decaffeinated | kg | 7% | 4% | 17% |
|
1003.00.00 | Barley | kg | 0% | 0% | Ex |
|
1301.20.00 | Gum Arabic | kg | 0% | 0% | 17% |
|
1301.90.00 | Other | kg | 0% | 0% | 17% |
|
1302.20.00 | Pectic substances, pectinates and pectates | kg | 0% | 0% | 17% |
|
1511.10.00 | Crude oil | kg | 0% | 0% | 17% |
|
2101.11.00 | Extracts, essences and concentrates | kg | 0% | 0% | 17% |
|
2202.10.00 | Waters, including mineral waters and aerated waters, containing added sugar or other sweetening matter or flavoured: | L | 15% | 6% | 13% | 17% |
2202.90.00 | Other | L | 15% | 6% | 13% | 17% |
Unmanufactured tobacco; tobacco refuse | ||||||
2401.10.00 | Tobacco, not stemmed/stripped | kg | 15% | 6% | 10% | 17% |
2401.20.00 | Tobacco, partly or wholly stemmed/stripped | kg | 15% | 6% | 10% | 17% |
2401.30.00 | Tobacco refuse | kg | 15% | 6% | 10% | 17% |
Cigars, cheroots and cigarillos, containing tobacco | ||||||
Cigarettes containing tobacco | ||||||
Other | ||||||
Other manufactured tobacco and manufactured tobacco substitutes; "homogenized" or "reconstituted" tobacco; tobacco extracts and essences | ||||||
2403.10.00 | Smoking tobacco, whether or not containing tobacco substitutes in any proportion | kg | 15% | 6% | 130% | 17% |
2403.91.00 | "Homogenised" or "reconstituted" tobacco | kg | 15% | 6% | 130% | 17% |
2403.99.00 | Other | kg | 15% | 6% | 130% | 17% |
2505.10.00 | Silica sands and quartz sands | kg | 7% | 4% | 17% |
|
2505.90.00 | Other | kg | 0% | 0% | 17% |
|
2816.40.00 | Oxides, hydroxides and peroxides, of strontium or barium | kg | 0% | 0% | 17% |
|
2818.10.00 | Artificial corundum, whether or not chemically defined | kg | 0% | 0% | 17% |
|
2818.20.00 | Aluminium oxide, other than artificial corundum | kg | 0% | 0% | 17% |
|
2819.10.00 | Chromium trioxide | kg | 0% | 0% | 17% |
|
2819.90.00 | Other | kg | 0% | 0% | 17% |
|
2820.10.00 | Manganese dioxide | kg | 0% | 0% | 17% |
|
2821.10.00 | Iron oxides and hydroxides | kg | 0% | 0% | 17% |
|
2821.20.00 | Earth colours | kg | 0% | 0% | 17% |
|
2822.00.00 | Cobalt oxides and hydroxides; commercial cobalt oxides | kg | 0% | 0% | 17% |
|
2824.10.00 | Lead monoxide (litharge, massicot) | kg | 0% | 0% | 17% |
|
2824.20.00 | Red lead and orange lead | kg | 0% | 0% | 17% |
|
2824.90.00 | Other | kg | 0% | 0% | 17% |
|
2825.10.00 | Hydrazine and hydroxylamine and their inorganic salts | kg | 0% | 0% | 17% |
|
2825.20.00 | Lithium oxide and hydroxide | kg | 0% | 0% | 17% |
|
2825.30.00 | Vanadium oxides and hydroxides | kg | 0% | 0% | 17% |
|
2825.40.00 | Nickel oxides and hydroxides | kg | 0% | 0% | 17% |
|
2825.50.00 | Copper oxides and hydroxides | kg | 0% | 0% | 17% |
|
2825.60.00 | Germanium oxides and zirconium dioxide | kg | 0% | 0% | 17% |
|
2825.70.00 | Molybdenum oxides and hydroxides | kg | 0% | 0% | 17% |
|
2825.80.00 | Antimony oxides | kg | 0% | 0% | 17% |
|
2825.90.00 | Other | kg | 0% | 0% | 17% |
|
2826.11.00 | Of ammonium or of sodium | kg | 0% | 0% | 17% |
|
2826.12.00 | Of aluminium | kg | 0% | 0% | 17% |
|
2826.20.00 | Fluorosilicates of sodium or of potassium | kg | 0% | 0% | 17% |
|
2826.30.00 | Sodium hexafluoroaluminate (synthetic cryolite) | kg | 0% | 0% | 17% |
|
2826.90.00 | Other | Kg | 0% | 0% | 17% |
|
2827.31.00 | Of magnesium | kg | 0% | 0% | 17% |
|
2827.32.00 | Of aluminium | kg | 0% | 0% | 17% |
|
2842.90.00 | Other | kg | 0% | 0% | 17% |
|
2843.10.00 | Colloidal precious metals | kg | 0% | 0% | 17% |
|
2843.21.00 | Silver nitrate | kg | 0% | 0% | 17% |
|
2843.29.00 | Other | kg | 0% | 0% | 17% |
|
2843.30.00 | Gold compounds | kg | 0% | 0% | 17% |
|
2843.90.00 | Other compounds; amalgams | kg | 0% | 0% | 17% |
|
2844.10.00 | Natural uranium and its compounds; alloys, dispersions (including cermets), ceramic products and mixtures containing natural uranium or natural uranium compounds | kg | 0% | 0% | 17% |
|
2844.30.00 | Uranium depleted in U 235 and its compounds; thorium and its compounds; alloys, dispersions (including cermets), ceramic products and mixtures containing uranium depleted in U 235, thorium or compounds of these products | kg | 0% | 0% | 17% |
|
2844.40.00 | Radioactive elements and isotopes and compounds other than those of subheading 2844.10, 2844.20 or 2844.30; alloys, dispersions (including cermets), ceramic products and mixtures containing these elements, isotopes or compounds; radioactive residues | kg | 0% | 0% | 17% |
|
2844.50.00 | Spent (irradiated) fuel elements (cartridges) of nuclear reactors | kg | 0% | 0% | 17% |
|
2845.10.00 | Heavy water (deuterium oxide) | kg | 0% | 0% | 17% |
|
2845.90.00 | Other | kg | 0% | 0% | 17% |
|
2846.10.00 | Cerium compounds | kg | 0% | 0% | 17% |
|
2846.90.00 | Other | kg | 0% | 0% | 17% |
|
2848.00.00 | Phosphides, whether or not chemically defined, excluding ferrophosphorus | kg | 0% | 0% | 17% |
|
2849.20.00 | Of silicon | kg | 0% | 0% | 17% |
|
2850.00.00 | Hydrides, nitrides, azides, silicides and borides, whether or not chemically defined, other than compounds which are also carbides of heading 28.49 | kg | 0% | 0% | 17% |
|
2851.00.00 | Other inorganic compounds (including distilled or conductivity water and water of similar purity); liquid air (whether or not rare gases have been removed); compressed air; amalgams, other than amalgams of precious metals | kg | 0% | 0% | 17% |
|
2901.10.00 | Saturated | kg | 0% | 0% | 17% |
|
2901.21.00 | Ethylene | kg | 0% | 0% | 17% |
|
2901.22.00 | Propene (propylene) | kg | 0% | 0% | 17% |
|
2901.23.00 | Butene (butylene) and isomers thereof | kg | 0% | 0% | 17% |
|
2901.24.00 | Buta-1,3-diene and isoprene | kg | 0% | 0% | 17% |
|
2902.11.00 | Cyclohexane | kg | 0% | 0% | 17% |
|
2902.19.00 | Other | kg | 0% | 0% | 17% |
|
2902.20.00 | Benzene | kg | 0% | 0% | 17% |
|
2902.42.00 | m-Xylene | kg | 0% | 0% | 17% |
|
2902.43.00 | p-Xylene | kg | 0% | 0% | 17% |
|
2902.44.00 | Mixed xylene isomers | kg | 0% | 0% | 17% |
|
2902.60.00 | Ethylbenzene | kg | 0% | 0% | 17% |
|
2902.70.00 | Cumene | kg | 0% | 0% | 17% |
|
2903.11.00 | Chloromethane (methyl chloride) and chloroethane (ethyl chloride) | kg | 0% | 0% | 17% |
|
2903.13.00 | Chloroforme (trichloromethane) | kg | 0% | 0% | 17% |
|
2903.14.00 | Carbon tetrachloride | kg | 0% | 0% | 17% |
|
2903.15.00 | 1,2-Dichloroethane (ethylene dichloride) | kg | 0% | 0% | 17% |
|
2903.19.00 | Other | kg | 0% | 0% | 17% |
|
2903.21.00 | Vinyl chloride (chloroethylene) | kg | 0% | 0% | 17% |
|
2903.22.00 | Trichloroethylene | kg | 0% | 0% | 17% |
|
2903.23.00 | Tetrachloroethylene (perchloroethylene) | kg | 0% | 0% | 17% |
|
2903.29.00 | Other | kg | 0% | 0% | 17% |
|
2903.30.00 | Fluorinated, brominated or iodinated derivatives of acyclic hydrocarbons | kg | 0% | 0% | 17% |
|
2903.41.00 | Trichlorofluoromethane | kg | 0% | 0% | 17% |
|
2903.42.00 | Dichlorodifluoromethane | kg | 0% | 0% | 17% |
|
2903.43.00 | Trichlorotrifluoroethanes | kg | 0% | 0% | 17% |
|
2903.44.00 | Dichlorotetrafluoroethanes and chloropentafluoroethane | kg | 0% | 0% | 17% |
|
2903.45.00 | Other derivatives perhalogenated only with fluorine and chlorine | kg | 0% | 0% | 17% |
|
2903.46.00 | Bromochlorodifluoromethane, bromotrifluoromethane and dibromotetrafluoroethanes | kg | 0% | 0% | 17% |
|
2903.47.00 | Other perhalogenated derivatives | kg | 0% | 0% | 17% |
|
2903.49.00 | Other | kg | 0% | 0% | 17% |
|
2903.51.00 | 1,2,3,4,5,6-Hexachlorocyclohexane | kg | 0% | 0% | 17% |
|
2903.59.00 | Other | kg | 0% | 0% | 17% |
|
2903.61.00 | Chlorobenzene, o-dichlorobenzene and p-dichlorobenzene | kg | 0% | 0% | 17% |
|
2903.62.00 | Hexachlorobenzene and DDT (1,1,1-trichloro-2,2-bis (p-chlorophenyl) ethane) | kg | 0% | 0% | 17% |
|
2903.69.00 | Other | kg | 0% | 0% | 17% |
|
2904.10.00 | Derivatives containing only sulpho groups, their salts and ethyl esters | kg | 0% | 0% | 17% |
|
2904.20.00 | Derivatives containing only nitro or only nitroso groups | kg | 0% | 0% | 17% |
|
2904.90.00 | Other | kg | 0% | 0% | 17% |
|
2905.11.00 | Methanol (methyl alcohol) | L | 0% | 0% | 17% |
|
2905.14.00 | Other butanols | L | 0% | 0% | 17% |
|
2905.15.00 | Pentanol (amylalcohol) and isomers thereof | L | 0% | 0% | 17% |
|
2905.17.00 | Dodecan-1-ol (lauryl alcohol), hexadecan-1-ol (cetyl alcohol) and octadecan-1-ol (stearyl alcohol) | L | 0% | 0% | 17% |
|
2905.19.00 | Other | L | 0% | 0% | 17% |
|
2905.22.00 | Acyclic terpene alcohols | L | 0% | 0% | 17% |
|
2905.29.00 | Other | L | 0% | 0% | 17% |
|
2905.39.00 | Other | L | 0% | 0% | 17% |
|
2905.43.00 | Mannitol | L | 0% | 0% | 17% |
|
2905.45.00 | Glycerol | L | 0% | 0% | 17% |
|
2905.49.00 | Other | L | 0% | 0% | 17% |
|
2905.51.00 | Ethchlorvynol (INN) | L | 0% | 0% | 17% |
|
2905.59.00 | Other | L | 0% | 0% | 17% |
|
2906.11.00 | Menthol | L | 0% | 0% | 17% |
|
2906.12.00 | Cyclohexanol, methylcyclohexanols and imethylcyclohexanols | L | 0% | 0% | 17% |
|
2906.13.00 | Sterols and inositols | L | 0% | 0% | 17% |
|
2906.14.00 | Terpineols | L | 0% | 0% | 17% |
|
2906.19.00 | Other | L | 0% | 0% | 17% |
|
2906.29.00 | Other | L | 0% | 0% | 17% |
|
2907.11.00 | Phenol (hydroxybenzene) and its salts | L | 0% | 0% | 17% |
|
2907.12.00 | Cresols and their salts | L | 0% | 0% | 17% |
|
2907.13.00 | Octylphenol, nonylphenol and their isomers; salts thereof | L | 0% | 0% | 17% |
|
2907.14.00 | Xylenols and their salts | L | 0% | 0% | 17% |
|
2907.15.00 | Naphthols and their salts | L | 0% | 0% | 17% |
|
2907.19.00 | Other | L | 0% | 0% | 17% |
|
2907.21.00 | Resorcinol and its salts | L | 0% | 0% | 17% |
|
2907.22.00 | Hydroquinone (quinol) and its salts | L | 0% | 0% | 17% |
|
2907.23.00 | 4,4'-Isopropylidenediphenol (bisphenol A, diphenylolpropane) and its salts | L | 0% | 0% | 17% |
|
2907.29.00 | Other | L | 0% | 0% | 17% |
|
2908.20.00 | Derivatives containing only sulpho groups, their salts and esters | L | 0% | 0% | 17% |
|
2908.90.00 | Other | L | 0% | 0% | 17% |
|
2909.11.00 | Diethyl ether | L | 0% | 0% | 17% |
|
2909.19.00 | Other | L | 0% | 0% | 17% |
|
2909.20.00 | Cyclanic, cyclenic or cycloterpenic ethers and their halogenated, sulphonated, nitrated or nitrosated derivatives | L | 0% | 0% | 17% |
|
2909.30.00 | Aromatic ethers and their halogenated, sulphonated, nitrated or nitrosated derivatives | L | 0% | 0% | 17% |
|
2909.41.00 | 2,2'-Oxydiethanol (diethylene glycol, digol) | L | 0% | 0% | 17% |
|
2909.42.00 | Monomethyl ethers of ethylene glycol or of diethylene glycol | L | 0% | 0% | 17% |
|
2909.43.00 | Monobutyl ethers of ethylene glycol or of diethylene glycol | L | 0% | 0% | 17% |
|
2909.44.00 | Other monoalkylethers of ethylene glycol or of diethylene glycol | L | 0% | 0% | 17% |
|
2909.49.00 | Other | L | 0% | 0% | 17% |
|
2909.50.00 | Ether-phenols, ether-alcohol-phenols and their halogenated, sulphonated, nitrated or nitrosated derivatives | L | 0% | 0% | 17% |
|
2909.60.00 | Alcohol peroxides, ether peroxides, ketone peroxides and their halogenated, sulphonated, nitrated or nitrosated derivatives | L | 0% | 0% | 17% |
|
2910.10.00 | Oxirane (ethyleneoxide) | L | 0% | 0% | 17% |
|
2910.20.00 | Methyloxirane (propylene oxide) | L | 0% | 0% | 17% |
|
2910.30.00 | 1-Chloro-2,3-epoxypropane (epichlorohydrin) | L | 0% | 0% | 17% |
|
2910.90.00 | Other | L | 0% | 0% | 17% |
|
2911.00.00 | Acetals and hemiacetals, whether or not with other oxygen function, and their halogenated, sulphonated, nitrated or nitrosated derivatives. | L | 0% | 0% | 17% |
|
2912.11.00 | Methanal (formaldehyde) | kg | 0% | 0% | 17% |
|
2912.12.00 | Ethanal (acetaldehyde) | kg | 0% | 0% | 17% |
|
2912.13.00 | Butanal (butyraldehyde, normal isomer) | kg | 0% | 0% | 17% |
|
2912.19.00 | Other | kg | 0% | 0% | 17% |
|
2912.30.00 | Aldehyde-alcohols | kg | 0% | 0% | 17% |
|
2912.41.00 | Vanillin (4-hydroxy-3-methoxy-benzaldehyde) | kg | 0% | 0% | 17% |
|
2912.42.00 | Ethylvanillin (3-ethoxy-4-hydroxybenzaldehyde) | kg | 0% | 0% | 17% |
|
2912.49.00 | Other | kg | 0% | 0% | 17% |
|
2912.50.00 | Cyclic polymers of aldehydes | kg | 0% | 0% | 17% |
|
2913.00.00 | Halogenated, sulphonated, nitrated or nitrosated derivatives of products of heading 29.12 | kg | 0% | 0% | 17% |
|
2914.19.00 | Other | kg | 0% | 0% | 17% |
|
2914.21.00 | Camphor | kg | 0% | 0% | 17% |
|
2914.22.00 | Cyclohexanone and methylcyclohexanones | kg | 0% | 0% | 17% |
|
2914.23.00 | Ionones and methylionones | kg | 0% | 0% | 17% |
|
2914.29.00 | Other | kg | 0% | 0% |