Monrovia — President Ellen Johnson Sirleaf has issued Executive Order No. 54, temporarily suspending import tariff as well as goods and services tax on commercial public transport buses, operating for the commercial transportation of persons and goods.
According to an Executive Mansion release, Executive Order No. 54, signed by President Sirleaf on Friday, December 20, has ordered and directed that the Import Duty and Goods and Service Tax (GST) are suspended in full on all buses which are to be used for public commercial transport purposes.
Additionally, the Liberian leader has suspended the import tariff as well as goods and services tax on spare parts for the National Transit Authority's (NTA) operations. The suspension specifically applies to the following spare parts: assorted spare parts for NTA consistent with Ashok Leyland "spare parts catalogue"; assorted tires for NTA mass transit buses; and assorted tools/equipment for repair and maintenance of NTA buses.
Importers shall only pay the Customs User Fee (CUF) of 1.5 percent and the ECOWAS Trade Levy (ETL) of 0.5 percent where applicable.
As public transport infrastructure remains a key priority of the Government under the Agenda for Transformation, the need exists to continuously improve public access to efficient, safe and reliable commercial transport services, thereby reducing difficulties and hardships faced by commuters, and consequently reducing the cost of goods and services.
Executive Order No. 54 takes effect immediately.