Plastic firms fail to reverse higher tax on products

Plastic  manufacturers have failed in a bid to reverse a higher tax. 
 

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Manufacturers have lost a bid to block higher excise duty on locally manufactured plastic items, signalling higher prices of packaged products.

The firms, suing under the ambit of the Kenya Association of Manufacturers (KAM), wanted the court to quash the decision of the National Treasury to introduce an excise duty of 25 percent per kilogramme of locally manufactured plastic products.

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