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{
    "id": 1554349,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1554349/?format=api",
    "text_counter": 203,
    "type": "speech",
    "speaker_name": "Tharaka, UDA",
    "speaker_title": "Hon. George Murugara",
    "speaker": null,
    "content": " Thank you, Hon. Temporary Speaker. I also rise to support this important Bill, especially now that the country is talking about taxation. The Excise Duty is one form of taxation in the country where the Government has to raise revenue through taxing imported goods. Such a reduction finds favour with Kenyans, considering that we are constantly thinking about ways and means of reducing taxes to do several things in the country. That includes local production and lowering prices of imported goods for use by Kenyans. This Bill seeks to delete the tariffs described under the Act with a 25 per cent excise duty rate on all imported fully assembled electronic transformers and parts. The current situation is that if you import a transformer, you will pay 25 per cent of its value as Excise Duty. If you import any part of a transformer, you will also have to pay the same percentage as Excise Duty. Therefore, removing this particular rate means that transformers and their spare parts will come into the country free of Excise Duty. The rationale we have been given is to encourage local production and assembly of transformers in Kenya. We know very well that we may not be able to manufacture the parts locally, but we can assemble them. Once we begin to assemble, certain benefits will accrue. First, we will encourage manufacturing, thus creating employment in those industries. Secondly, without these taxes, the prices would come down, and we would be able to have more transformers in the country, hence widening the scope of electricity supply, especially in rural areas. As we speak, the country is not particularly well-lit. Rural constituencies, including my own Tharaka Constituency, are under-connected to electricity. Such provisions shed some light on us – that things will soon turn around. We will have rural constituencies connected to the national grid 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."
}