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{
    "id": 1156078,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1156078/?format=api",
    "text_counter": 193,
    "type": "speech",
    "speaker_name": "Amb. Ukur Yatani",
    "speaker_title": "The Cabinet Secretary, National Treasury and Planning",
    "speaker": null,
    "content": "Hon. Speaker, last year, the Excise Duty Act was amended to introduce excise duty on all imported eggs. This was meant to protect local producers of eggs. However, we have noted that the tax has adversely affected the hatching business as there is insufficient local capacity to supply all the required eggs for hatching. To address the situation, I propose to exempt from excise duty eggs for hatching imported by licensed hatcheries upon recommendation by the responsible Cabinet Secretary (CS). Hon. Speaker, neutral spirit is an input for manufacture of pharmaceutical products. Manufacturers of pharmaceutical products which are not subject to excise duty are entitled to a refund of the excise duty paid on the raw materials or inputs. The processing of such refunds takes time, hence creating cash flow challenges. To address this concern, I propose to exempt neutral spirit used by registered pharmaceutical manufacturers upon approval by the Commissioner General of KRA from excise duty. Hon. Speaker, currently, locally assembled motor vehicles are exempt from excise duty. In order to ensure the same treatment for manufactured passenger motor vehicles, I propose to exempt from excise duty locally manufactured passenger motor vehicles. This is aimed at encouraging investment in this sector and enhancing competitiveness of locally manufactured passenger motor vehicles. Hon. Speaker, gambling, gaming and alcohol addiction have become prevalent in our society. These habits are extremely addictive and can result in a variety of harmful repercussions, especially to the youth. Advertisements for alcoholic beverages, betting, and gaming contribute greatly to the promotion of these habits. To discourage the promotion of these products and activities, I propose to introduce an excise duty of 15 per cent on fees charged by all television stations, print media, billboards, and radio stations for advertisements of these activities. The electronic version of the Official Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Hansard Editor."
}