Excise duty beats target despite fuel taxes freeze

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

The taxman surpassed its target on excise duty for the second quarter of the year despite a court order that froze an increase in petroleum taxes.

Latest data from the National Treasury shows that tax receipts from the sale of excisable goods amounted to Sh65.25 billion against a target of Sh58.25 billion in the October-December 2021 period.

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