Tuesday 11 February 2014

Times of Oman | News :: UAE plans tax on vehicles crossing border

Times of Oman | News :: UAE plans tax on vehicles crossing border:



"Prices of essential commodities, especially cooking oils, pulses and spices, are set to rise if the United Arab Emirates (UAE) clamps a proposed tax on vehicles crossing the border.



The National Transport Authority (NTA) of the UAE has identified 18 goods, including refrigerated trucks, livestock, foodstuff and chemicals that would attract AED500 (OMR50) per trip. In the case of other goods, it has fixed AED100 per truck (OMR10) in addition to AED10 (OMR1) per tonne.



The proposed tax is not only on the trucks. For the passenger buses, it proposes to levy AED100 (OMR10) per bus in addition to AED5 (500 baisa) per seat entering the UAE.



Traders fear that it would be an additional burden on the transport sector in the Sultanate. "We hope the UAE will reconsider its decision and look into all aspects of the taxation proposal," said Dinesh (Dilip) Dawda, president of the Al Itefaq Trading, who imports a huge quantity of cosmetics, stationery and toiletries every month from the UAE to Oman."



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