- KRA will automatically link export records from the customs platform (iCMS) to VAT returns in iTax starting May, eliminating manual declaration of zero-rated sales.
- Only export values verified in iCMS and linked to valid electronic tax invoices will be included in VAT returns, blocking unsupported refund claims.
- The integration covers exports to foreign countries, EPZs, SEZs, and the Single Customs Territory, and extends to services exports.
- Errors or omissions in customs declarations will directly impact VAT outcomes, reducing opportunities for later corrections.
- The new system aims to close gaps between customs and tax data, tightening oversight and reducing administrative burdens.
Source: kenyanwallstreet.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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