KRA loses Sh2.5bn tax bid on Brazilian sugar - News Summed Up

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KRA loses Sh2.5bn tax bid on Brazilian sugar


By PHILIP MUYANGAMore by this AuthorThe Kenya Revenue Authority (KRA) has lost a bid to levy a Sh2.5 billion tax on imported Brazilian sugar. Justice Eric Ogola said the sugar, imported by Darasa Investment Ltd, is entitled to be cleared duty-free by the taxman and termed the decision by KRA to levy duty as unlawful. He said KRA discriminated Darasa Investment Ltd when it demanded that it pays tax for the 40,000 metric tonnes of sugar, yet other importers of the commodity did not face the same. He asked on what grounds KRA cleared other sugar importers and denied Darasa Investment Ltd the opportunity to import the sugar duty-free. Darasa Investment Ltd, through lawyers Fred Ngatia and Dennis Mosota, had termed the decision by KRA to levy duty on its consignment irrational and unreasonable.


Source: Daily Nation February 22, 2018 17:15 UTC



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