ALSO READ: Varsity seeks orders to unfreeze bank accountsThe taxman had planned to roll out its Excisable Goods Management System (EGMS) on August 1, but National Assembly Speaker Justin Muturi said the agency did not seek the blessings of parliament before implementing the new system. Mr Muturi was responding to a request by Cherangany MP Joshua Kuttuny, who sought his direction on the impeding implementation of controversial system by KRA. Members of the Tender Committee should be investigated for single-sourcing SICPA and action taken,” he said. With a contract running for five years, SICPA will reap Sh81 billion in a tender originally negotiated for Sh17 billion. If the new system is not suspended, bottled water, juices, soda and other non-alcoholic beverages and cosmetics will be affixed with excise stamps.

Source: Standard Digital July 27, 2018 05:24 UTC