The Malawi Revenue Authority (MRA) is pleased to inform all cross border traders in the country and those concerned that the COMESA Simplified Trade Regime (STR) threshold value has been adjusted upwards from US$ 1,000 to US$ 2,000 with immediate effect.
The adjustment has been effected following the amendment of the Customs & Excise Regulations.
All cross border traders and those concerned are, therefore, advised that only those imports and exports that are worth US$ 2,000 or less and are on the agreed list of the products will be facilitated under the new STR arrangement.
For more information, you may contact Patrick Chisasa on 0882 009 920 or Mc Hizzal Kawanga on 0888 958 220.
Tom Gray Malata