HomeTagsRice IMports

Tag: Rice IMports

Rice Importer Loses Appeal Against Sh1.4 Billion Tax Claim

Jhulay LAL Commodities Ltd appealed the decision KRA's, contesting that the entire tax of Ksh1,456,433,604 demanded was excessive. The main grounds of the appeal was that the Commissioner determined the taxable income on the basis of its gross banking against the basic accounting principles and tax law.