CLARITY ON TREATMENT OF IMPORT VAT FOR GOODS IMPORTED UNDER THE INWARD PROCESSING PROCEDURE

On 30th July 2021, the Tax Appeals Tribunal delivered its judgment in the case of Southern Engineering Company Limited vs Commissioner of Customs and Boarder Control, TAT Appeal No. 4 of 2020. The brief facts of the case are that Southern Engineering Company Limited (Hereinafter “SECO”) was awarded a tender by the Tanzania Ports Authority to design, build, supply and commission two cargo barges of Tanga Port.