Court orders KRA to refund Sh54m to Nakumatt supplier Hotpoint

Nakumatt

Empty shelves at a former Nakumatt outlet in Mombasa after auctioneers carted goods away on March 7, 2018.

Photo credit: Kevin Odit | Nation Media Group

Kenya Revenue Authority (KRA) has been ordered to refund more than Sh54 million to household and electronics appliances supplier Hotpoint on account of bad debts arising from goods delivered to fallen retail giant Nakumatt.

The Tax Appeals Tribunal faulted the Commissioner of Domestic Taxes for disallowing the VAT (value-added tax) refunds of Sh54.8 million as sought by Hotpoint Appliances Ltd.

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