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Broadband

KDN obtains KES 912 mln tax refund covering four years

Tuesday 29 January 2013 | 12:10 CET | News
A Kenyan court has ordered the Kenya Revenue Authority (KRA) to refund Kenya Data Networks (KDN) KES 912.7 million worth of VAT within two months, Business Daily reported. The tax collected from KDN was levied on the company's imports of ICT goods and equipment such as fibre optic cables. KDN argued that refund delay caused it financial hardship and led to the company's lockout from lucrative government tenders for lack of a tax compliance certificate. The court also ruled that KRA is also allowed to continue with its claim of KES 395.7 million from KDN in tax arrears and erroneous tax

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Categories: Fixed
Companies: KDN / Kenya Data Networks
Countries: Kenya
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