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The Introduction of Value Added Tax on Petroleum Products: A Critique

This study examines the validity and necessity of the eight percent (8%) VAT on petroleum products in Kenya and whether the legislative action that advised the imposition of the VAT was legit under law. It also posits that the same imposition was ill-advised and is bound to be a failed directive; reasons of which shall be discussed within the study.

Though it is already heart-breaking that the fuel prices in Kenya are high as a result of huge levies placed upon it such as the road levy, the government has introduced an additional Petroleum VAT. The writer takes the position that the introduction and implementation of the VAT was not necessary and rather effective policies and reforms towards petroleum product price regulation should have been prioritized while seeking other available sources to raise revenue.

Source: ssrn.com

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