{"id":27166,"date":"2022-10-01T15:54:14","date_gmt":"2022-10-01T15:54:14","guid":{"rendered":"https:\/\/www.africa-press.net\/mozambique\/all-news\/cta-calls-for-special-vat-regime-for-sugar-cooking-oil-soap"},"modified":"2022-10-01T16:08:08","modified_gmt":"2022-10-01T16:08:08","slug":"cta-calls-for-special-vat-regime-for-sugar-cooking-oil-soap","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mozambique\/all-news\/cta-calls-for-special-vat-regime-for-sugar-cooking-oil-soap","title":{"rendered":"CTA calls for special VAT regime for sugar, cooking oil, soap"},"content":{"rendered":"

Africa-Press – Mozambique. <\/strong><\/span>The Confederation of Economic Associations of Mozambique (CTA), the country\u2019s largest employers\u2019 association, is advocating a special value-aded tax (VAT) regime for sugar, cooking oil and soap, taking into account the rising costs of these products.<\/p>\n

\u201cThe ongoing assessment that has been launched includes the possibility of a special VAT scheme for the sector,\u201d reads an analysis from the organisation consulted by Lusa.<\/p>\n

The conclusion is the result of monitoring that the confederation has carried out to assess the impact of a VAT exemption that is currently in force for those products, noting that, to be more efficient for the consumer, the tax benefit should cover the entire economic circuit of the goods covered, also falling on the costs of importing raw materials.<\/p>\n

\u201cThere are State institutions and legal mechanisms in place in the country that allow the government to have real control of raw material import costs,\u201d the text reads.<\/p>\n

The CTA points to the need for a strategy of gradual transition from the current tax benefits to a new regime, without distortions in the sugar, oil and soap market.<\/p>\n

The employers\u2019 organisation noted that the upward trend in food prices was a global phenomenon intensified by the Russia-Ukraine conflict.<\/p>\n

Year-on-year inflation in Mozambique was 12.1 percent in August, the highest figure for the last four years and 11 months, the National Statistics Institute (INE) said.<\/p>\n

The food, non-alcoholic beverages and transport sectors have contributed the most to the rise in prices in Mozambique.<\/p>\n

For More News And Analysis About Mozambique<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Mozambique. The Confederation of Economic Associations of Mozambique (CTA), the country\u2019s largest employers\u2019 association, is advocating a special value-aded tax (VAT) regime for sugar, cooking oil and soap, taking into account the rising costs of these products. \u201cThe ongoing assessment that has been launched includes the possibility of a special VAT scheme for […]<\/p>\n","protected":false},"author":84,"featured_media":27165,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8,16],"tags":[233,281,283],"class_list":["post-27166","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","category-twitter","tag-africa-press","tag-africa-press-mozambique","tag-mozambique"],"yoast_head":"\nCTA calls for special VAT regime for sugar, cooking oil, soap - Mozambique<\/title>\n<meta name=\"description\" content=\"The Confederation of Economic Associations of Mozambique (CTA), the country\u2019s largest employers\u2019 association, is advocat ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/mozambique\/all-news\/cta-calls-for-special-vat-regime-for-sugar-cooking-oil-soap\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CTA calls for special VAT regime for sugar, cooking oil, soap\" \/>\n<meta property=\"og:description\" content=\"The Confederation of Economic Associations of Mozambique (CTA), the country\u2019s largest employers\u2019 association, is advocat ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/mozambique\/all-news\/cta-calls-for-special-vat-regime-for-sugar-cooking-oil-soap\" \/>\n<meta property=\"og:site_name\" content=\"Mozambique\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2022-10-01T15:54:14+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-10-01T16:08:08+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2022\/10\/postQueueImg_6-6338658f0db95.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1600\" \/>\n\t<meta property=\"og:image:height\" content=\"1067\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/cta-calls-for-special-vat-regime-for-sugar-cooking-oil-soap#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/cta-calls-for-special-vat-regime-for-sugar-cooking-oil-soap\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"CTA calls for special VAT regime for sugar, cooking oil, soap\",\"datePublished\":\"2022-10-01T15:54:14+00:00\",\"dateModified\":\"2022-10-01T16:08:08+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/cta-calls-for-special-vat-regime-for-sugar-cooking-oil-soap\"},\"wordCount\":267,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/cta-calls-for-special-vat-regime-for-sugar-cooking-oil-soap#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2022\/10\/postQueueImg_6-6338658f0db95.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Mozambique\",\"Mozambique\"],\"articleSection\":[\"all news\",\"economy\",\"homepage-english\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/mozambique\/all-news\/cta-calls-for-special-vat-regime-for-sugar-cooking-oil-soap#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/cta-calls-for-special-vat-regime-for-sugar-cooking-oil-soap\",\"url\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/cta-calls-for-special-vat-regime-for-sugar-cooking-oil-soap\",\"name\":\"CTA calls for special VAT regime for sugar, cooking oil, soap - 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