Inflation Adjustment on Specific Rates of Excise Duty 2021

PUBLIC NOTICES 10/08/2021

The Commissioner General is required under the Excise Duty Act, 2015 to adjust, the Excise Duty rates of products with specific rates of Excise Duty, annually, to take into account the rate of inflation, subject to the approval of The Cabinet Secretary National Treasury and Planning.

Kenya Revenue Authority would therefore like to inform manufacturers and importers of excisable goods falling under the specific rate category and members of the public that the Commissioner General will adjust the rates of Excise Duty using the average inflation rate for the Financial Year 2020/2021 of four decimal nine seven per centum (4.97%), as determined by the Kenya National Bureau of Statistics. The adjusted rates will be effective from 1st October, 2021.

In compliance with Statutory Instruments, Act, Kenya Revenue Authority invites interested members of the public and stakeholders to submit their views on inflation adjustment of specific Excise Duty rates. The submissions should be addressed to the Commissioner General, Kenya Revenue Authority, P.O Box 48240-00100, Nairobi or emailed to stakeholder.engagement@kra.go.ke to be received on or before Monday, 13th September, 2021. For more information on the proposed new rates after the adjustment please visit the Kenya Revenue Authority Website HERE

 

Commissioner General