KRA Issues New Excise Duty Rates Effective Dec 27[LIST]

The Kenya Revenue Authority (KRA) informs all manufacturers, importers, and suppliers of excisable goods and services that the Tax Laws (Amendment) Act, 2024 has introduced adjusted Excise Duty rates effective from 27th December 2024.

LIST

The excise duty on imported sugar will increase from Sh5 to Sh7.50 per kg excluding sugar imported by a registered pharmaceutical manufacturer and raw sugar imported for processing by a licensed sugar refinery.

Cigarettes with filters will now be taxed Sh4,100 per mille, up from Sh4,067, while nicotine substitutes for inhalation will attract a charge of Sh2,000 per kilogram, up from Sh1,594.

Products containing nicotine or nicotine substitutes intended for Inhalation without combustion or oral application will be increased to Sh100 per millilitre from Sh70 but excluding medicinal products approved by the Cabinet Secretary responsible for matters relating to health and other manufactured tobacco and manufactured fobacco substitutes that have been homogenized and reconstituted tobacco, tobacco extracts and essences.

Wines including fortified wines, and other alcoholic beverages obtained by fermentation of Wines, will attract a new rate of Sh22.50 per centilitre of pure alcohol from Sh243.43 per litre

Beer, Cider, Perry. Mead, Opaque beer and mixtures of termented beverages with non-alcoholic beverages and spirituous beverages of alcoholic strength not exceeding 6% will have a new rate of Sh22.50 per centilitre of pure alcohol from Sh142.44 per litre.

Spirits of undenatured ethyl alcohol, spirits liqueurs and other spirituous beverages of alcoholic strength exceeding 6% cent will be Sh10 per centilitre of pure alcohol.

A 25 per cent or Sh 200 per kg, whichever is higher, has been imposed on imported self-adhesive plates, sheets, film, foil, tape, strip and other flat shapes of plastics.

The taxman said the duty will be applicable whether or not the rolls are tariff number 3919.90.90, 3920.10.90, 3920.43.90, 3920.62.90 and 3921.19.90.

Manufacturers of the excisable goods and suppliers of the excisable services are required to charge the new excise duty rates on the excisable goods and services with and remit the tax collected to the Commissioner as tallows-

In the case of betting and gaming services, within twenty-four hours from the closure of transactions of the day;

In the case of licensed manufacturers of alcoholic beverages, on or before the fifth day of the month following the month in which the tax was collected; and

In the case of other licensed persons, on or before the 20th day of the month following the month in which the tax was collected.

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KRA Issues New Excise Duty Rates Effective Dec 27[LIST]