Browsing: Suzan General Trading JLT

The Kenyan government is considering a $15.4million financing option for smallholder tea farmers across the country to help them diversify tea production in Kenya with production of orthodox tea.

Dubai firm loses in Kenyan tax case

Kenya

The High Court in Nairobi, Kenya, has ruled in favour of Kenya Revenue Authority(KRA) in a tax related case filed by a Dubai based company.

The company was seeking orders to stop KRA from collecting Ksh2.3 billion(US$238.8 billion) in tax debts from its affiliate company registered and operating in Kenya.

READ ALSO:KRA struggles as stinking rich Kenyans hide trillions abroad

Justice Pauline Nyamweya on September 23, 2019 ruled in favour of KRA and struck out a Judicial Review filed on July 28, 2018 by United Arab Emirates(UAE) registered firm, Suzan General Trading JLT.

Suzan General Trading JLT had sought among others an order to stop KRA from enforcing the warrants and distress notices issued on July 9, 2018 in respect of a tax (customs duty) debt owed by its affiliate company Diplomatic Duty-Free Limited (DDF) amounting to 2, 296,210,133 shillings.

The company had also sought to stop KRA from …