×
The Standard Group Plc is a multi-media organization with investments in media platforms spanning newspaper print operations, television, radio broadcasting, digital and online services. The Standard Group is recognized as a leading multi-media house in Kenya with a key influence in matters of national and international interest.
  • Standard Group Plc HQ Office,
  • The Standard Group Center,Mombasa Road.
  • P.O Box 30080-00100,Nairobi, Kenya.
  • Telephone number: 0203222111, 0719012111
  • Email: [email protected]
Premium

KRA to auction luxury cars at Mombasa port

Business
 Luxury motor vehicles impounded by KRA at the Port of Mombasa in April 2019. [Maarufu Mohamed, Standard]

The Kenya Revenue Authority (KRA) is set to auction hundreds of luxury motor vehicles and other assorted goods imported by traders and individuals who failed to pay tax.

The goods have overstayed at the Mombasa Port and KRA says it will put them under the hammer should the owners fail to pay the required tax within 30 days.

In a public notice Friday, the taxman invited interested bidders to view the goods and vehicles at the Kilindini Harbor ahead of the planned auction.

The goods, which are in 572 lots, are mainly high-end cars, household items and machinery.

"Pursuant to the provisions of section 42 of the East African Community Customs Management Act, notice is given that unless the undermentioned goods are entered and removed from the custody of the Customs Warehouse, Kilindini within 30 days of this notice, they may be sold by public auction on 2 November 2022," said KRA chief manager in charge of port operations Rosemary Mureithi.

 Impounded luxury motor vehicles at the KRA Customs Warehouse at the Port of Mombasa, in January 2018. [Gideon Maundu, Standard]

"Interested buyers may view the goods...on October 31 and November 1 during office hours."

Goods imported for domestic use and transit cargo to Uganda, South Sudan and Rwanda are among those gazetted for auctioning.

This is the latest in a string of such auctions in the last two years by KRA, underlining the economic difficulties that many traders importing cargo through the port of Mombasa are facing.

Traders have in the last three years been pleading with the KRA to give them more time to clear the goods or cut the rates to avoid their goods being auctioned.

Related Topics


.

Trending Now

.

Popular this week