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"speaker_name": "Hon. Langat",
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"legal_name": "Benjamin Kipkirui Langat",
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"content": "Hon. Temporary Deputy Speaker, this Bill was brought here for the First Reading on 2nd July, 2013. As per our Standing Orders, we encourage public participation. First and foremost, I want to say that the process of overhauling this Bill began way back in 2010/2011, when the Minister for Finance then, who is now our President, proposed to overhaul the VAT system to make it simple for everybody to understand it. The Bill came here during the last Parliament, but it was not debated. The biggest challenges in the current Act are complications which have arisen from several amendments that were made through various Finance Bills that have passed through this House. The result of those complications have been fraudulent claims for refunds and a serious accumulation of refund claims amounting to Kshs29 billion, which is supposed to be paid to claimants by KRA."
}