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{
    "id": 421185,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/421185/?format=api",
    "text_counter": 161,
    "type": "speech",
    "speaker_name": "Hon. Mbadi",
    "speaker_title": "",
    "speaker": {
        "id": 110,
        "legal_name": "John Mbadi Ng'ong'o",
        "slug": "john-mbadi"
    },
    "content": "Hon. Temporary Deputy Speaker, I had just started with the fishing industry where I said that fishing contributes about 0.5 per cent to the GDP generating about Kshs16.1 billion in terms of output. Inputs to the fish industry such as fish nets and fish feeds are subjected to VAT at the moment. The amendment to exempt fishing nets will therefore aid in ensuring that the cost of inputs to the fishing industry go down and that is why I have proposed to amend the Act in the First Schedule to exempt fishing nets of manmade textile materials and this item was exempt under the repealed VAT Act but is now subject to 16 per cent VAT."
}