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{
    "id": 1546488,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1546488/?format=api",
    "text_counter": 21,
    "type": "speech",
    "speaker_name": "Hon. Speaker",
    "speaker_title": "",
    "speaker": null,
    "content": "of implementing the law, it has been determined that the Excise Duty has occasioned an unintended rise in the cost of manufacture and supply of transformers by increasing the cost of importing parts. The Excise Duty (Amendment) Bill, 2025, therefore, seeks to remedy this effect. The second Bill, the Value Added Tax (Amendment) Bill (National Assembly Bill No.11 of 2025) is also sponsored by the Leader of the Majority Party. The Bill was published on 13th March 2025, seeking to amend the Value Added Tax Act, Cap.476 to remove ambiguity in the commencement of exemptions granted before 1st January 2024 on capital goods for the promotion of investment in the manufacturing sector, and whose value is not less than two billion shillings. The Excise Duty (Amendment) Bill, 2025 and the Value Added Tax (Amendment) Bill, 2025, matured on 19th March 2025 and 26th March 2025, respectively. Consequently, and in line with the resolution of the House of 13th February 2025, I referred the Bills to the Departmental Committee on Finance and National Planning for consideration vide Notification Nos.001 and 003 of 2025 respectively. Further, in fulfillment of the resolution of the House, you will notice that the Bills have been listed for First Reading under Order Numbers 9 and 10 in today’s Order Paper. I, therefore, urge the Departmental Committee on Finance and National Planning to finalise consideration of the two Bills and submit its reports to the House to enable the House Business Committee to prioritise them for Second Reading and subsequent stages. The House is accordingly guided. Thank you."
}