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Beer, water prices to rise in inflation tax plan
National Treasury Cabinet Secretary Henry Rotich (left) and KRA Commissioner General John Njiraini at a past event on October 3, 2016. PHOTO | SALATON NJAU | NMG
Prices of beer, bottled water, petroleum products and cigarettes will be going up every year after the Treasury changed the biennial inflation adjustment on excise duty chargeable to an annual increment.
The changes, which are contained in the Finance Bill 2018, will affect goods that are charged specific excise taxes that are levied based on the quantity of goods.
