Under
the previous regulations, where taxable goods with a value of less than
Sh200 were distributed as free samples to fewer than 30 persons in any
given month in furtherance of a business, then such goods would not be
liable to VAT.
Unfortunately there are no similar provisions in
both the main VAT Act and the new regulations, which potentially means
that such taxable goods (and services) when distributed as free samples
will be subject to VAT.
Agriculture
Cabinet Secretary Willy Bett said the vessel will enable Kenya to deal
with unlawful exploitation of its special economic zone within the water
resource.
Apparel
manufacturers operating from the export processing zones (EPZs) will
now be allowed to sell up to 40 per cent of their goods locally, a
significant improvement over their current local market quota.
The
advent of cheap second-hand clothes, locally known as mitumba, in the
mid-1980s helped speed up the decline of the country’s nascent textile
industry and killed production of raw materials like cotton.
The
moneylender fancied the farmer’s daughter, he decided to offer the
farmer a deal that would wipe out the debt he owed him, if only he could
marry the farmer’s daughter.
All the villagers opposed this as they felt sorry for the young girl.
She drew out a pebble from the bag, and before looking at it ‘accidentally’ dropped it into the midst of the other pebbles