Capitalfm.co.ke·2 min read·medium
KNCCI welcomes one-month delay to higher cargo tax changes
P
PHIDEL KIZITO
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The Kenya National Chamber of Commerce and Industry has negotiated a one-month delay for new customs benchmark values on consolidated cargo. The agreement also includes a waiver on storage charges for traders affected by the initial directive.
Listen KNCCI President Dr. Erick Rutto/courtesy NAIROBI, Kenya, Jul 29 – The Kenya National Chamber of Commerce and Industry (KNCCI) has welcomed a compromise between traders and the Kenya Revenue Authority (KRA) that will see the customs benchmark value for consolidated cargo rise gradually, giving importers more time to adjust.
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