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KRA Headquarter in Nairobi (PHOTO: FILE)
The Kenya Revenue Authority (KRA) has lost a Sh1.1 billion tax claim against a Dubai firm, with the taxman being accused of misleading the Court.
KRA had rushed to court to be paid part of the Sh1.5 billion that the Supreme Court awarded Geo-Chem Middle East, but the taxman’s decision to file an application against the Dubai firm’s local subsidiary instead ruined its case.
The High Court Judge Mabeya in an April 22 ruling wondered why KRA went after Geo Chem ME (Kenya Branch) instead of its Dubai-based parent company which had won the award after the wrongful termination of a contract to inspect petroleum by the Kenya Bureau of Standards (KEBS).
KRA loses Sh1b tax claim case
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Kenya Revenue Authority loses Sh1 billion tax claim against Dubai firm
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KEBS Accounts Frozen Over Ksh2 Billion Debt
A file image of the Kenya Bureau of Standards (KEBS) offices in Kisumu.
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The Kenya Bureau of Standards (Kebs) has had all its accounts frozen over a Ksh 2 billion debt.
Kebs had entered into a contract with the company in June 2009 to inspect the quality of petroleum products entering the country at the Mombasa port.
The agency is however determined to fight the decision in court, rather than seek an out of court settlement.
File image of Kenya Bureau of Standards (KEBS) offices in Kisumu.
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On December 30, Kebs was ordered to pay Ksh 2 billion to Geo-Chem Middle East over contract malpractice. The Supreme Court of Kenya ruled that Kebs had acted in breach of a contract it had entered with Dubai based firm.