KRA wins multi-million case against CMC Di RavennaKRA Times Tower [Jonah Onyango, Standard]The Kenya Revenue Authority (KRA) has won a case against Italian Dam Construction company Co-operativa Muratori e Cementisti (CMC) di Ravenna, seeking a Sh166million Value Added Tax refund.In a judgement delivered on Wednesday by High Court Judges Lady Justice Pauline Nyamweya and John Mativo, CMC Di Ravenna Kenya, a Company contracted by Rift Valley Water Services Board to construct Itare dam for the sum of Sh28.9 billion lost the case where it was suing KRA for VAT refund of Sh166, 247, 378. However, in a defense submission led by KRA Legal Services Commissioner Paul Muema Matuku, the revenue authority, informed the court that the services were not zero rated. The judges noted that the firm had also failed to disclose that there was an appeal pending before the Tax Appeals Tribunal. CMC Di Ravenna Kenya had argued that Itare Dam Project is classified as an official funded project under East African Community Customs Management Act of 2013, and Value added Tax 2013. The firm however expressed regret that KRA had declined its application for refund of VAT, noting that the Project was not Zero rated.

Source: Standard Digital May 23, 2019 12:33 UTC