Ola Kenya spared Sh943m ‘no law’ KRA tax

A High Court has rejected a Sh943.14 million tax claim by KRA against Ola Kenya.

Photo credit: File | Nation Media Group

A High Court has rejected a Sh943.14 million tax claim by the Kenya Revenue Authority (KRA) against oil marketer, Libya Oil Kenya (presently Ola Kenya), saying it is ‘not anchored in law’.

High Court judge Josephine Mongare said KRA’s tax demand on product gains on petroleum import products by Libya Oil was improper because there is no provision for the levy in law.

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Note: The results are not exact but very close to the actual.