Gov’t Cuts Fuel VAT To 13pc, To Utilise Sh6.2 From The Petroleum Development Levy To Cushion Consumers
NAIROBI, Kenya, Apr 14- The government has reduced Value Added Tax (VAT) on petroleum products from 16 percent to 13 percent and committed Sh6.2 billion from the Petroleum Development Levy (PDL) Fund in a bid to shield consumers from rising global fuel costs. In a statement, the Energy and Petroleum Regulatory Authority (EPRA) said the […]
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