Proposed excise stamp rate hikes bad for Kenya’s manufacturing agenda

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

The proposed Excise Duty (Excise Goods Management System) (Amendment) Regulations, 2023 seek to increase the fees of excise stamps for bottled water, juices and any other non-alcoholic drinks, cosmetics, alcoholic beverages, tobacco and nicotine products and export products subject to excise with effect from March 1.

From the onset, the position of the Kenya Association of Manufacturers (KAM) is that using excise stamps as a tool for fighting illicit trade is counterproductive.

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