The object of this Bill is to amend the Customs and Excise Act so as to--

 (a)revise the rates of customs and excise duty payable on goods;

 (b) revise the list of goods to be subjected to surtax at importation;

 (c) revise the rates of customs and excise duty payable on used motor vehocles;

 (d) to provide for matters connected with, or incidental, to the foregoing.

The object of the Bill is to ament the value Added Tax Act so as to--

(a) revise the due date for the submission of the Value Addded Tax return from the 16th to the18th of the month;

(b) provide the due date for the submission of the withholding Value Added Tax return;

(c)provide penalties for the failure to issue a tax invoice by a supplier or to furnish records for inspection; and

(d) to provide the matters connected, with or incidental, to the foregoing.

The object of the Bill is to amend the Skills Development Levy Act so as to revise the classes of persons exempt from payment of the skills development levy.

The Object of the Bill is to amend the Insurance Premium Levy Acto so as to exempt reinsurance from the payment of insurance premium levy.