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{
    "id": 736488,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/736488/?format=api",
    "text_counter": 121,
    "type": "speech",
    "speaker_name": "Hon. A.B. Duale",
    "speaker_title": "",
    "speaker": {
        "id": 15,
        "legal_name": "Aden Bare Duale",
        "slug": "aden-duale"
    },
    "content": "The Excise Duty 2015 introduced a specific rate on cigarettes of Kshs2500 per mil with the aim of achieving simplicity in the tax administration and revenue collection in as far as that sector is concerned. However, this single-tier system was unfair to companies that deal with the low value cigarettes hence constantly hurting our revenue collection. In order to bring fairness in the cigarette manufacturing sector and also boost the Exchequer revenue, this Bill proposes to introduce a two-tier tax system with the Excise Tax on cigarettes with filter at the rate of Kshs2,500 per mil and cigarettes without filter at excise duty rate of Kshs 1,800 per mil. That was the bone of contention in the 10th Parliament, 11th Parliament and every year when we are dealing with the Finance Bill. This is because there are two categories of manufacturers, those who make low value cigarettes, and those who make high end cigarettes. I am happy the Cabinet Secretary for the first time has decided to deal with each section in its own separate way to one, bring sanity to that sector and two, collect more revenue or boost the Exchequer revenue and to create fairness in the sector. As part of the gated development agenda, the Government has initiated several infrastructure projects that require huge funding. Accordingly, there is need to increase sources of capital for both the Government and the private sector in order to achieve an inclusive development agenda not only for Government, but also the private sector which is involved in huge borrowing for its own infrastructural development whether it is energy or its own industries."
}