Close Menu
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    KahawatunguKahawatungu
    Button
    • NEWS
    • BUSINESS
    • KNOW YOUR CELEBRITY
    • POLITICS
    • TECHNOLOGY
    • SPORTS
    • HOW-TO
    • WORLD NEWS
    KahawatunguKahawatungu
    BUSINESS

    Blow To KRA As High Court Pauses Sh3.6 Billion Recovery Plan

    KahawaTungu ReporterBy KahawaTungu ReporterOctober 31, 2017No Comments2 Mins Read
    Facebook Twitter WhatsApp Telegram Email
    kra
    Share
    Facebook Twitter WhatsApp Telegram Pinterest Email Copy Link

    kraThe Kenya Revenue Authority(KRA) had announced its plans to recover approximately Sh3.6 billion from cosmetics, non-alcoholic beverages, bottled water, and juices annually.

    As a result a gazette notice was issued on October 3 stating that all imported products would have to bear the regulator’s stamp.

    According to reports, the move was made in part to help enhance tax revenue.

    “Currently, revenue performance in this sector is at less than 40 per cent. The roll-out of EGMS to this sector is aimed at reversing this poor tax compliance,” commissioner for domestic taxes Benson Korongo said.

    Read: KRA Collects 10 Billion Rent Income Tax

    However, the High Court has temporarily suspend KRA’s plans after activist Okiya Omtatah filed a law suit against the Treasury Cabinet Secretary, the Kenya Revenue Authority commissioner general and Switzerland-based firm SICPA Securities.

    “Pending hearing and determination of this case, a conservatory order suspending the public notice which KRA published in the national press and the media, ” High Court judge John Mativo said.

    Omtatah claims that the move by KRA is against the law because it would put manufacturers, importers and consumers at a disadvantage since they would be forced to pay for additional costs of production.

    Manufacturers involved had been told to submit full details of their brands for registration in the Excise Goods Management System (EGMS) system by October 19 with the products set to bare excise stamps as of November 1.

    Do you have a story you want told? Do you know of a sensitive story you would like us to get our hands on? Email your news TIPS to Editor@kahawatungu.com

    Email your news TIPS to Editor@Kahawatungu.com — this is our only official communication channel

    KRA
    Follow on Facebook Follow on X (Twitter)
    Share. Facebook Twitter WhatsApp LinkedIn Telegram Email
    KahawaTungu Reporter
    • Website

    Email: Editor@Kahawatungu.com

    Related Posts

    The global oil crisis is turning into an everything crisis

    April 4, 2026

    Safaricom Leads Kenya’s Network Quality Race with 89.72% score

    April 2, 2026

    How to Make Your Hobby Farm a Profitable Business

    April 2, 2026

    Comments are closed.

    Latest Posts

    Adolis García Siblings: Get to Know Adonis García

    April 7, 2026

    Austin Nola Siblings: All About Aaron Nola

    April 7, 2026

    ODM condemns petroleum scandal, calls for accountability

    April 7, 2026

    Man Found Dead After Jacket Strangles Him While Climbing Into Ruiru Home

    April 7, 2026

    Police nab notorious phone theft suspects, recover 227 stolen devices in Kawangware

    April 7, 2026

    Officials in fuel importation probe saga released on bail pending probe, arraignment police say

    April 7, 2026

    How to Remove Someone from Your WiFi

    April 7, 2026

    How to Remove Scratches from Sunglasses

    April 7, 2026
    Facebook X (Twitter) Instagram Pinterest
    © 2026 Kahawatungu.com. Designed by Okii.

    Type above and press Enter to search. Press Esc to cancel.