KRA raises alarm over taxable goods with fake stamps - News Summed Up

KRA raises alarm over taxable goods with fake stamps


The Kenya Revenue Authority (KRA) has raised alarm over an increase in excisable products with counterfeit stamps in the market. Kenya Association of Manufacturers lists cigarettes containing tobacco substitutes, wines and other alcoholic beverages obtained by fermentation of fruits as some of the excisable goods. Others include mineral water, fruit juices, cosmetics and beauty products, and compounded spirits of alcoholic strengths exceeding 10 per cent. “The public is forewarned that having excisable goods affixed with counterfeit excise stamps is an offence, consequences, if found, shall be confiscation, seizure and destruction of the goods by the commissioner,” KRA said in a statement. Take a quick survey and help us improve our website!


Source: Standard Digital May 25, 2021 14:48 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */