KRA targets double-digit tax growth from fuel stations on tighter oversight

Times Tower in Nairobi, the headquarters of the Kenya Revenue Authority (KRA).

Photo credit: File | Nation Media Group

The Kenya Revenue Authority (KRA) expects double-digit growth in tax revenues from the petroleum sector on full onboarding of fuel stations onto the Electronic Tax Invoice Management System (eTIMS) fuel module.

The revenue agency announced this week that it has roped more than 500 fuel retailers onto eTIMS since last December, deepening real-time oversight of transactions.

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