ANNOUNCEMENT 10 Jun 2010

The following tax measures were proposed in the 2010/11 budget speech read on 10 June 2010.

NUMBER OF INTERVENTIONS

2

  • 1 harmful
  • 0 neutral
  • 1 liberalising

SOURCE



Ministry of Finance. 'Budget Speech for the fiscal year 2010/2011.' pages 28 & 29, http://www.treasury.go.ke/index.php?option=com_docman&task=cat_view&gid=98&Itemid=86


Inception date: 10 Jun 2010 | Removal date: open ended
Still in force

Import tariff

i. Decrease in the rate of duty on wheat grain from 35% to 10% for a year. ii. Decrease in rate of duty on all imported rice from 75% or US$200 per ton, whichever is higher, to 35% for one year. iii. Exemption from import duty of parent stock for chicken breeding. v. Removal of import duty on flat rolled products of iron or non-alloy steel coated or plated with tin used by local iron and steel industries and for the manufacture of filters and bottle tops. vi. Removal of import duty on petroleum coke, a raw material used in the production of cement. vii. Removal of import duty on prepared driers and pigments for the manufacture of paints. viii. Removal of import duty on lamps and bulbs using light emitting diode (LED) technology.
Inception date: 10 Jun 2010 | Removal date: open ended
Still in force

Import tariff

To encourage the growth of industries for faster development, the following measures are proposed: iv. Increase in import duty on aluminium conductors and cables from 10% to 25%, to encourage contractors source the products locally and promote local manufacturing of the products.