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{
    "id": 804877,
    "url": "http://info.mzalendo.com/api/v0.1/hansard/entries/804877/?format=api",
    "text_counter": 155,
    "type": "other",
    "speaker_name": "",
    "speaker_title": "",
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    "content": "of industries in the region as well as creating a conducive business environment for investors. The EAC Customs Management Act, 2004 is also undergoing review as envisaged at inception. The review is expected to incorporate new developments as well as address challenges in the implementation of the law. This will enhance efficiency in Customs administration in the region. During the 2017 Budget Speech, I proposed to exempt from VAT materials for the construction of grain storage facilities in order to support safe storage of foods and ensure sustained food security in the country. In this Budget, I propose to expand this exemption to include equipment’s used in the construction of the facilities in order to lower the cost of post- harvest storage. This will go a long way in supporting the food security pillar under “The Big Four” Plan. While animal feeds are exempt from VAT, some of the raw materials used in their manufacture are taxable. This treatment has led to high prices of animal feeds. Thus, to make animal feeds affordable to farmers and attract more manufacturers to invest in the sector, I propose to exempt these raw materials from VAT. Information Communication Technology (ICT) continues to play a big role in supporting the growth of our economy and thus making Kenya a regional ICT hub. To support the assembly of laptops under the primary schools program, I exempted parts imported or purchased locally, for the assembly of these laptops in the country. In order to further promote the penetration of ICT in our economy, I propose to further exempt from VAT, parts imported or purchased locally for the assembly of computers. This will encourage local manufacturing, innovation and job creation. Private passenger motor vehicles fall under two categories, the high and low engine rating vehicles. Currently, excise duty is charged uniformly on these motor vehicles irrespective of the engine rating. To ensure progressivity which is a cardinal principle of taxation, I propose to increase excise duty from 20 per cent to 30 per cent on private passenger motor vehicles whose engine capacity exceeds 2500cc for diesel and 3000cc for petrol powered vehicles."
}