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{
    "id": 577795,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/577795/?format=api",
    "text_counter": 245,
    "type": "speech",
    "speaker_name": "Hon. A. B. Duale",
    "speaker_title": "",
    "speaker": {
        "id": 15,
        "legal_name": "Aden Bare Duale",
        "slug": "aden-duale"
    },
    "content": "This Bill prohibits totally the removable of excise goods from excise control without an excise stamp unless with approval. It gives control that nobody can remove goods if the excise stamps are not there, or without a written approval of the Commissioner. The Bill provides for a refund on excise duty paid on excisable goods that are damaged or stolen. Sometimes it happens that when these goods are in a warehouse, they are damaged or stolen. This Bill provides a mechanism in which the investor or the owner can be refunded the Excise Duty that he paid. The Bill also provides for the payment of Excise Duty on excisable goods that are meant for export if unloaded in Kenya for home use. If you had goods on transit or, for export in a warehouse and feel you want to sell the same goods in Kenya, the payment of the Excise Duty is provided for in this Bill. The Bill provides for offences on manufacturing or importing into Kenya excisable goods that are not licensed. This is something that was not there. I am doing a summary of what the Bill entails. In the recent past, this Bill has seen an increased prevalence on non-communicable diseases such as diabetes. In order to curb the increase of these diseases, this Bill proposes to retain Excise Duty for sugar sweetened beverages, soft drinks and juices. For the first time, the CS and the Commissioner-General of KRA want to do something in this Bill to help a section of the population that is diabetic. Hon. Temporary Deputy Speaker, with the World Health Organisation (WHO) estimating that tobacco accounts for more than 60,000 deaths per annum, this Bill proposes to increase Excise Duty on tobacco. The Bill also proposes to increase Excise Duty on certain alcoholic beverages to reflect current effective rates and is mainly dealing with spirits and other drinks in that category. For my colleagues from central Kenya, this is an opportunity to extend the war we had on illicit brews to bring an amendment to increase further taxes made on spirits. I wish the CS was talking about miraa ; my amendment could have been ready like yesterday. I am sure, as my colleagues from central Kenya read this Bill, they will bring an amendment. We need to increase taxation and make those spirits a bit expensive for our young people in the villages to avoid them. This Bill has departed from the previous tax regime where majority of the excisable goods were having two rates which are both specific ad valorem . This Bill has proposed one rate with only few items that deals with one particular section in terms of taxation regime. To ensure the Government does not lose value for money as a result of inflation over the years, this Bill proposes specific rates to be adjusted every year by average annual inflation metrics. Hon. Temporary Deputy Speaker, with the current taxation regime on motor vehicle, we noted that it does not take into consideration, pollution emitted by different categories of motor vehicle based on their age. In order to address pollution of the older cars in our environment, this Bill proposes to change the taxation regime of the motor vehicles and, base it on the age of the vehicle. Taxes will now be based on the age of the vehicle that one is buying or importing. Hon. Temporary Deputy Speaker, before I conclude, if you look at the Finance Bill that will come next week and that we concluded yesterday, you will find that the banks’ minimum capital has been raised in that Bill from Kshs1 billion to Kshs5 billion until 2018. That proposal by the Cabinet Secretary is, in my opinion, double-edged. I am not a banker but I might own a bank in future if I decide to sell the few camels that I own and ask the Chairman of the Departmental Committee on Finance, Planning and Trade to sell the two or three acres of tea that he has in Kericho. It says that that proposal of the CS is going to create only five major banks. 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."
}