Economy

Over 100 car owners face 5-year jail term as import duty evasion probe takes cause

The Kenya Revenue Authority (KRA) is looking for 119 cars that were shipped into the country but failed to go through the required tax approvals.

KRA has taken cause in probing import duty evasion, which according to the East African Community Customs Management Act 2004, anyone found culpable liable on conviction to imprisonment for a term not exceeding five years.

“A person who has in his or her possession, keeps or conceals, or procures to be kept or concealed, any goods which he or she knows, or ought reasonably to have known, to be unaccustomed goods, commits an offence and shall be liable on conviction to imprisonment for a term not exceeding five years or to a fine equal to fifty percent of the dutiable value involved, or both of the goods,” reads the Act.

The Act further prescribes that Where on conviction for an offence under this Act, a person is liable to pay a fine, that person shall, unless the goods are prohibited goods or are ordered to be forfeited under this Act, pay duty on the goods in addition to the fine.

The cars with their labelled plates have been recalled for inspection by the KRA at any of offices around the country latest October 6, 2023.

“Present the cars together with the original ownership, sale agreement, transfer and importation documents to the Commissioner of Intelligence, Strategic Operations, Investigations, and Enforcement,” said KRA. The probe comes at a time when KRA has tightened its grip on sealing revenue leakages.  

Monitor Your Business Transaction

Lawrence Baraza

Lawrence Baraza is a dynamic journalist currently overseeing content at Metropol TV Digital. With a keen focus on business news and analytics, Lawrence guides the platform in delivering insightful, data-driven content that empowers its audience to make informed decisions. Lawrence’s commitment to quality and his ability to anticipate market trends make him a key figure in the digital media landscape. His work continues to shape the way business news is consumed, making a significant impact in the field.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button