Day: September 15, 2022

URA to roll out Warehousing System to streamline cargo management

By IMMACULATE WANYENZE In a bid to enhance cargo management and accountability in bonded warehouses, Uganda Revenue Authority will effective October 1st implement the Bonded Warehouse Information Management System (BWIMS). BWIMS is one of the trade facilitation interventions specified in the Domestic Revenue Mobilization Strategy to address the challenges of the increased volumes of goods …

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Insights into Excise Duty

What is Excise duty? Excise duty is a tax on consumption of specified goods and services. It is collected to generate revenue as well as regulate consumption of certain goods and services by making them slightly expensive. It is also collected on imported items some of which can be manufactured in Uganda. In this way, …

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