Home Business Freeze new excise duty on beer, plead dealers

Freeze new excise duty on beer, plead dealers

Share

Nation | by Brian Ambani and James Kariuki

Beer distributors want a planned increase of excise duty on 31 products suspended to support revival of liquor-related businesses now counting losses since Covid-19 struck.

They said a directive to close bars had seen sales fall by 39 percent where business worth Sh21 billion has been lost since March forcing them to lay off workers.

KRA in August said it would increase excise tax on alcohol using inflation rate figures from financial year 2019/2020…

Read more…


Share

NO COMMENTS

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Exit mobile version