It classified an imported cake-making additive without laboratory testing.
By
Joseph Wangui
Correspondent
Nation Media Group
The Tax Appeals Tribunal has faulted the Kenya Revenue Authority (KRA) for classifying a cake-making additive imported by a local company, Palsgaard Kenya Ltd, without laboratory testing.
KRA had argued that discrepancies between import records, VAT returns, and financial statements justified additional tax…
The dispute arose after KRA audited Sybrin Kenya for the period between January 2016 and December 2019 before issuing a VAT…
Tribunal says the tax authority wrongly treated the written-off loan principal as capital expenditure instead of stock-in-trade.
The ruling leaves intact a tribunal decision that found Tile & Carpet Centre Ltd's Aertech All-in-One heat pump qualifies for a…
The court reinstated the excise duty assessment against Minet for the 2018 to 2021, with interest and penalties, and reconfirmed…
The tax dispute started after KRA treated Sh1.53 billion in the company’s lease stock as under-declared credit sales and applied…
