Cooking oil VAT chokes industry
Refined cooking oil manufacturers in the country under the banner of Edible Cooking Oil Association of Malawi (Ecoam) have lamented a drop in demand for the commodity following surge in prices. The association has since issued a fresh call for removal of the 16.5 percent Value Added Tax (VAT) on cooking oil. The VAT was … Continue reading Cooking oil VAT chokes industry
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