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KRA raises alarm over taxable goods with fake stamps

THE STANDARD NEWS The Kenya Revenue Authority (KRA) has raised alarm over an increase in excisable products with counterfeit stamps in the market. Kenya Association of Manufacturers lists cigarettes containing tobacco substitutes, wines and other alcoholic beverages obtained by fermentation of fruits as some of the excisable goods. Others include mineral water, fruit juices, cosmetics and beauty products, and compounded spirits of alcoholic strengths exceeding 10 per cent. “The public is forewarned that having excisable goods affixed with counterfeit excise stamps is an offence, consequences, if found, shall be confiscation, seizure and destruction of the goods by the commissioner,” KRA said in a statement.

KRA raises alarm over taxable goods with fake stamps

KRA raises alarm over taxable goods with fake stamps
standardmedia.co.ke - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from standardmedia.co.ke Daily Mail and Mail on Sunday newspapers.

KRA raises alarm over taxable goods with fake stamps

KRA raises alarm over taxable goods with fake stamps
standardmedia.co.ke - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from standardmedia.co.ke Daily Mail and Mail on Sunday newspapers.

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