Keroche to pay Sh9.1bn tax after losing case against KRA
Beer on production at Keroche Breweries in Naivasha. The brewer has been slapped with a Sh9.1billiion tax bill after losing a contracted and bitter dispute with the taxman. PHOTO | FILE | NATION MEDIA GROUP
The ruling is set to send shivers in the industry where several players are involved in tax disputes.
Over the last few months, KRA has turned vicious in its tax raids.
The dispute in the other three appeals was with regard to classification of pineapple-based wines.
Keroche Breweries has been slapped with a Sh9.1 billion tax bill after losing a five-year legal battle with the taxman.
The decision could cripple the Naivasha-based brewery which was counting on the tribunal to spare it from the tax demand by the Kenya Revenue Authority (KRA).
