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Cameroon sets plans to fight illegal car registration

Cameroon sets plans to fight illegal car registration

Paru le mercredi, 16 septembre 2020 14:03

Cameroon’s customs administration informs that it has received its action plan from the 2021-23 National Governance Program which, in its axis 4, calls for "social justice and respect for the rights of users."

To this end, says the Customs, it will proceed with the establishment of a Customs-Transport Ministry interface to reduce vehicle registration fraud, and therefore limit losses due to the phenomenon. Car registration represents a major source of revenue for the customs office.

Indeed since 2020, the Finance Act has provided that “New transport vehicles (...) intended for urban pick-up, acquired from the warehouses of approved local car dealers, are eligible for the reduced rate of the common external tariff of 5% of their taxable value, for the period from January 1, 2020, to December 31, 2021.

However, passenger vehicles with a cylinder capacity of more than 2,500 cc, aged 0 to 15 years, are taxed at 12.5% of the import purchase price; as are motorcycles with a cylinder capacity of more than 250 cc or parts of all motorcycles.

According to figures from the National Institute of Statistics, Cameroon imported vehicles or parts of vehicles for CFA355.8 billion in 2019.

Sylvain Andzongo

● Fact Cheking



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