KRA tightens customs valuation, raises benchmark to Sh3.2m

The Kenya Revenue Authority (KRA) has raised the minimum customs benchmark for general containerised consolidation cargo from Sh2.5 million to Sh3.2 million. The move targets to seal valuation loopholes and protect compliant traders from unfair competition. In a statement released to the media on Tuesday, KRA said the revised benchmark took effect on August 20…

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KRA tightens customs valuation, raises benchmark to Sh3.2m

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