Ethanol worth Ksh.15M intercepted

[Meria]

KRA has intercepted a truck ferrying uncustomed ethanol worth Ksh.15M with a tax implication of Ksh. 35M. The consignment was intercepted at Kimana area in Loitoktok and has been detained at the Customs Border Office.

 

[Cortedivoire]

 

[Mwalimu-G]

Nyuai piu.

 

[zapp_brannigan]

uncustomed ethanol worth Ksh.15M with a tax implication of Ksh. 35M

Saidia mimi kuelewa the maths here

 

[Ramses]

Saidia mimi kuelewa the maths here

Not sure but I presume that this consignment could yield up to 35M in taxes when packaged in to 250/500/750ml bottles

 

[R_Silver]

Saidia mimi kuelewa the maths here

I asked someone in the spirits business akanijibu hivi: That ethanol is likely over 90% ABV, so it will be diluted to 40% yielding more that double the current volume of booze. Then the splitting that @Ramses has also indicated means that the tax yield is increased further.