The State is seeking to have more parts meant for assembling motor vehicles and trailers exempted from tax. The parts were omitted following the promulgation of the Tax Procedure Act, 2015 Rules.
The Treasury wants lawmakers to change section 112 of the Tax Procedure Act to promote the assembly of trailers in Kenya.
Industrialisation and Enterprise Secretary Betty Maina has tabled in Parliament the Tax Procedure (Unassembled Motor Vehicles and Trailers)Amendment) Regulations, 2020…
