The Kenya Revenue Authority (KRA) has lost its bid to demand more than Sh500 million from a rice importer accused of tax evasion.
Court of Appeal judges William Ouko, Gatembu Kairu and Fatuma Sichale have barred the taxman from pursuing Export Trading Company Limited for rice import duty after finding that KRA’s Trade and Simba system and its employees underestimated the tax to be paid in 2007.