Time flies with great content! Renew in to keep enjoying all our premium content.
Prime
Import levy revenue dips by Sh7bn on rate cuts, trade decline
Standard gauge railway wagons in Mombasa on February 5, 2024. Railway Development Levy collections fell hitting Sh16.5 billion. PHOTO | KEVIN ODIT | NMG
Collections from taxes on international trade and transfers, including the Import Declaration Fee (IDF) and the Railway Development Levy (RDL), fell by Sh7 billion in the six months to December 2023.
New data from the Treasury shows that collections from IDF fell by Sh3.5 billion to Sh23.9 billion from Sh27.4 billion in December 2022.
