The Kenya Revenue Authority– KRA – has postponed the go-live date for Excisable Goods Management System (EGMS) on bottled Water and Juice.
The commencement of the implementation of the EGMS was slated for 1st August 2018.
In a statement to newsrooms, the taxman noted that the new date of implementation of the EGMS will be announced.
“Kenya Revenue Authority (KRA) would like to inform manufacturers and importers of water and juice that it has deferred the implementation of Excisable Goods Management System (EGMS) on bottled water and juice that was to commence on 1st August 2018 to a date to be announced later.” The statement reads in part.
Last week, Kenya Association of Manufacturers (KAM) has come out to voice their concerns on the system saying it would have a negative impact on industry by raising operating costs and capital expenditures thereby significantly increasing the cost of doing business which ends up in raising the cost of living for Kenyans..
“The decision to postpone the go-live of EGMS on these products has been reached following extensive consultations with various stakeholders including Water Bottlers Association on Kenya (WBAK).” The taxman noted.
KRA is expected to communicate the new implementation date after concluding the activities jointly agreed with the stakeholders.
As the Commissioner-General, Kenya Revenue Authority John Njiraini, explains, EGMS enables production level monitoring of manufacturer operations, and field authentication of tax stamps.
KRA shelves enacting the contested Excisable Goods Management System
