Import duty exemptions gazetted by the Treasury in December to help cool the adverse effects of drought on the cost of basic food items, saw the Kenya Revenue Authority take a Sh28.1 billion hit in customs duty collections.
Customs duty, which has traditionally been delivering surplus collection, missed its target for the financial year 2022/23 by Sh27.4 billion after registering Sh754.0 billion in the period ended June 30, 2023.
