The Kenya Revenue Authority (KRA) has begun engaging cargo consolidators to implement President William Ruto’s directive reducing the minimum customs clearance threshold for general consolidated cargo from Ksh3.2 million to Ksh2 million.

🇰🇪 Breaking It Down

The update follows a meeting held between KRA officials and cargo consolidators on Friday, September 11, to discuss how the directive will be implemented and how traders can benefit from the new plan.

“Today, our leadership engaged cargo consolidators on implementing the Presidential Directive on consolidated cargo and support for Kenyan traders,” KRA stated.

The meeting, led by KRA Commissioners George Obell and Lilian Nyawanda, agreed to establish a technical committee to oversee implementation of the President’s directive.

📌 What You Need to Know

During the engagement, KRA also announced that it will immediately roll out a comprehensive tax education programme targeting cargo consolidators and small traders.

“We will immediately roll out a comprehensive tax education programme for cargo consolidators and small traders to strengthen understanding of and compliance with their tax obligations,” the Authority added.

The latest development comes a week after Ruto directed KRA to reduce the minimum customs clearance benchmark for general consolidated cargo from Ksh3.2 million to Ksh2 million.

Ruto issued the directive on September 2, during a meeting with Micro, Small and Medium Enterprises (MSME) traders at State House, Nairobi, following concerns over the increased customs clearance threshold.

He directed that containers carrying ordinary goods should continue to pay the Ksh2 million benchmark, while those containing high-value goods should undergo further assessment based on the value of the goods inside.

He also directed KRA to provide traders with a list of high-value items that would not qualify for the consolidated cargo arrangement.

📰 Source: Kenyans.co.ke