Epra factored in doubling of VAT on petroleum products despite court suspending implementation of Finance Act 2023.
The review goes against a High Court order suspending the implementation of the Finance Act 2023 that doubled VAT on petroleum products.
EPRA said the price of petrol would jump to more than $1.4 a litre to take into account the doubling of VAT on fuel products to 16%
The ultimatum came a day after the court suspended the enactment of the Finance Act 2023.
In a move to align with the Finance Act of 2023, the Energy Petroleum Regulatory Authority (EPRA) has announced a significant revision to the Value Added ...
The Energy and Petroleum Regulatory Authority (EPRA) had said in a statement that with effect from July 1, prices of petrol, diesel and kerosene would go up, a ...
The Energy and Petroleum Regulatory Authority (EPRA) has revised fuel prices as 16 per cent VAT takes effect. EPRA has announced an increase in Petrol by ...
Kenya increased the price of gasoline to the highest in more than a decade following a tax hike, adding to inflationary pressures in the East African ...