Business Daily | by Constant Munda
Consumers will be spared annual price increases on a range of excisable goods like fuel, beer, motorcycles and bottled water during a hard economic period if MPs approve proposed changes to the Excise Duty Act.
The proposed amendments have empowered the Kenya Revenue Authority Commissioner-General Githii Mburu to exclude some products from annual inflation tax adjustments depending on economic circumstances facing producers and consumers of the applicable goods…