Kenya High Court rules tax laws don’t explicitly impose additional customs duties on oil ‘product gains’

• The Kenya Revenue Authority sought to impose taxes on product gains that oil marketing companies experienced due to molecular expansion as a result of temperature or seasonal measurements affecting the observable volume of the product.
• The High Court maintained that the import duties and levies on product gains are not anchored in law.
• This decision affirmed that the law cannot be read as imposing a tax on product gains.

Source EY

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