Why you Will Pay Extra in spite of Amendment

Suppliers of petroleum products may be forced to charge and collect VAT at 16 per cent on pump prices as they wait for the publication of the Finance Act, 2018. This is premised on the fact that imposition, waiver or variation of any tax can only be effected by legislation.
As such, by virtue of the operation of the law, the transitional exemption under the VAT Act, 2013, was to lapse on Friday and VAT will be due and payable on petroleum products at 16 per cent. The VAT Act, 2013, imposes VAT on goods or services imported or supplied in Kenya.

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