Cost of doing business about to go up

[Okiya]

From October 12th, KRA has said it will be taxing consumer goods entering the country at the time of entry. Yani there will be no more custom bonded warehouses. Hapa only the businesses with deep pockets will survive.

Wakulima wadogo who import things like cars, clothing, office supplies, alcohol wataumia sana because custom bonded warehouses ensured they had constant supplies ready for their customers/market.

 

[Cortedivoire]

From October 12th, KRA has said it will be taxing consumer goods entering the country at the time of entry. Yani there will be no more custom bonded warehouses. Hapa only the businesses with deep pockets will survive.

Wakulima wadogo who import things like cars, clothing, office supplies, alcohol wataumia sana because custom bonded warehouses ensured they had constant supplies ready for their customers/market.

KRA wakifanya hivo. I believe them. Unapata mtu ako na duka ya 10k rent enough to fit only a counter and stool hapo gikomba. But imports 2 containers per month. That shop makes annual turnover of 45 million tax free. Wako ligi ya deacons but Watu wanaficha claiming ni small scale traders.

 

[Afro]

Why now,saitan halali?

 

[Okiya]

KRA wakifanya hivo. I believe them. Unapata mtu ako na duka ya 10k rent enough to fit only a counter and stool hapo gikomba. But imports 2 containers per month. That shop makes annual turnover of 45 million tax free. Wako ligi ya deacons but Watu wanaficha claiming ni small scale traders.

I think you and @Mwalimu-G hamuelewi how custom bonded warehouses work. People pay tax when the goods leave the custom bonded warehouses. Whether they end up being sold in a big mall or in a 6x6 shop it doesn't matter when it comes to customs.

 

[Afro]

I think you and @Mwalimu-G hamuelewi how custom bonded warehouses work. People pay tax when the goods leave the custom bonded warehouses. Whether they end up being sold in a big mall or in a 6x6 shop it doesn't matter when it comes to customs.

Ni kama pia mimi sijaelewa. What will be the new norm?

 

[kijanamrefu]

From October 12th, KRA has said it will be taxing consumer goods entering the country at the time of entry. Yani there will be no more custom bonded warehouses. Hapa only the businesses with deep pockets will survive.

Wakulima wadogo who import things like cars, clothing, office supplies, alcohol wataumia sana because custom bonded warehouses ensured they had constant supplies ready for their customers/market.

 

[Mwalimu-G]

I think you and @Mwalimu-G hamuelewi how custom bonded warehouses work.

Nimekujia wapi?

 

[It's Me Scumbag]

Nimekujia wapi?

Boss,umesoma hiyo quote ya Stalin? That's how you get quotes even after having said nothing...

 

[Afro]

Nimekujia wapi?

Hehe . He probably confused me with you since i'm the only other person who had commented

 

[Mwalimu-G]

Hehe . He probably confused me with you since i'm the only other person who had commented

Don't be too sure.

 

[Ubongo]

We are working with a very big budget hole, kra hasn't been meeting target and will not meet in the near future. Wastage kwa serikali iko juu sana

 

[Okiya]

Nimekujia wapi?

Isn't liking a comment on social media a sign of endorsement?

 

[Mwalimu-G]

Isn't liking a comment on social media a sign of endorsement?

You mean you notice even such?

 

[Okiya]

Ni kama pia mimi sijaelewa. What will be the new norm?

The new norm will be paying taxes immediately you import goods. The current way is paying taxes when you want to release your goods into the market

 

[Okiya]

You mean you notice even such?

You notice spelling mistakes don't you? Anyway, socialmedia is like that. Ukienda youtube you never notice the likes and dislikes?

 

[Mwalimu-G]

Isn't liking a comment on social media a sign of endorsement?

You mean you notice even such?
Anyway, there are many reasons why one likes a post that are not necessarily endorsing the opinion. An example I may like an answer by @It's Me Scumbag for the wit or cutting sarcasm and not what he has to say about the issue at hand.

 

[Ole masai]

The new norm will be paying taxes immediately you import goods. The current way is paying taxes when you want to release your goods into the market

Who benefits from custom bonded warehouses? Because it is not the small traders. Maybe the big alcohol distributors.

 

[Ngimanene na Muchere]

Aren't big boys likevEABL excempt? Si hii ni kuumiza watu wadogo pekeev

 

[Okiya]

Who benefits from custom bonded warehouses? Because it is not the small traders. Maybe the big alcohol distributors.

Small traders were benefiting too. Big companies like EABL are rejoicing this move.

 

[Ngimanene na Muchere]

Small traders were benefiting too. Big companies like EABL are rejoicing this move.

There's a MNC beer company setting up in Naivasha pale kwa Konyagi land. Do the math from there