10-day delay costs oil marketer Sh578m in tax appeal

KRA audit issued an additional tax assessment of Sh578.56 million in June 2024, citing undeclared sales, overstated purchases, and unaccounted director benefits.

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An oil marketer has lost its attempt to overturn a Sh578.56 million tax demand from the Kenya Revenue Authority (KRA) for filing the appeal 10 days out of time.

Evon Energy International Limited had sought the intervention of the Tax Appeals Tribunal to overturn the claim, but all its arguments were thrown out for filing crucial documents past the legally permitted time.

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