By CONSTANT MUNDAMore by this AuthorTaxes from excisable goods such as beer, spirits and cigarettes fell by nearly Sh4.09 billion in the first nine months of the current financial year compared to last year, the latest official statistics show. The Kenya Revenue Authority (KRA) collected Sh117.48 billion between July and last March compared with Sh121.57 billion, data collated by the Central Bank of Kenya indicates. That came just a day after commissioner-general John Njiraini had in a statement to newsrooms described the 16.3, 16.0 and 11.2 per cent drop in duty collected from beer, cigarettes and spirits, respectively, in six months to December as “unusual”. The ‘Soma Label’ app enables dealers, law enforcers and consumers to authenticate the stamps and excisable goods. Reports of increased production of fake excise stamps were rife earlier in the earlier, enabling processing or importation and distribution of substandard alcoholic drinks.

Source: Daily Nation May 02, 2018 18:33 UTC