2 April 2026<\/p>\n\n\n\n
Myanmar’s Ministry of Finance and Revenue has announced a temporary tax exemption on imports of high-speed diesel in a bid to stabilize and lower commodity prices, the state-owned daily The Global New Light of Myanmar reported on Thursday.<\/p>\n\n\n\n
The tax exemption, in effect from April 1 to April 30, was made due to rising global fuel prices, as well as gradual domestic price increases caused by ongoing conflicts in the Middle East, the report said.<\/p>\n\n\n\n
This tax exemption applies only to imports of high-speed diesel (HSD 500 ppm) for which Import Declarations are opened with the customs department within the specified period, the report said.<\/p>\n\n\n\n
The exemption includes customs duty, special goods tax, commercial tax, and a two-percent advance income tax on the diesel imports, it added.<\/p>\n\n\n\n
The exemption of the tax on high-speed diesel (HSD 500 ppm), which is predominantly used in the transport of goods, will help stabilize and reduce commodity prices, it added. <\/p>\n","protected":false},"excerpt":{"rendered":"
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