Appellate Court rejects KRA bid to double excise stamp taxes

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Times Tower in Nairobi, the headquarters of Kenya Revenue Authority (KRA). FILE PHOTO | NMG

Consumers and manufacturers have won fresh reprieve after the Court of Appeal declined to lift an order stopping the Kenya Revenue Authority (KRA) from doubling excise stamp taxes on beer, bottled water, and cosmetics.

The regulations, which were published early this year, sought to adjust the price of excise stamps applicable to excisable goods by increasing the cost of these stamps.

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