Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
KRA explains why the consolidated cargo minimum yield was raised. Traders can opt for individual customs assessment based on actual goods. New Ksh 3.2 million threshold took effect on August 21. Kenya Revenue Authority (KRA) has moved to clarify concerns raised by small-scale traders over changes to the minimum yield applied to consolidated cargo, following…
KRA has raised the cargo valuation reference point from Ksh2.5 million to Ksh3.2 million. The new figure is a benchmark, not an automatic value for every container. KRA says the change targets under declaration while protecting compliant traders and government revenue. The Kenya Revenue Authority (KRA) has increased the minimum reference point for general containerised…
