National Treasury Cabinet Secretary Henry Rotich offered players in the non-alcoholic beverages a reprieve by halving excise stamp fees in new tax measures. Highlands Mineral Water is a firm that manufactures water, juices and soda. ALSO READ: State entities get nod to ignore tender lawsHowever, mineral and aerated water will be Sh0.50 per stamp. At the same time, cigarettes containing tobacco or tobacco substitutes, wines, spirits and other alcoholic beverages obtained by fermentation of fruits have been hit. The firm notes that some of the tax proposals will provide a good foundation to curb the sale of counterfeit alcoholic products.

Source: Standard Digital April 22, 2017 18:33 UTC