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HomenewsBamburi Cement, Twiga Foods Facing Auction Over Tax

Bamburi Cement, Twiga Foods Facing Auction Over Tax

The Kenya Revenue Authority (KRA) is going after Twiga Foods, Bamburi Cement, and Honda Motorcycles Kenya in a bid to recover unpaid duty.

The taxman is seeking to auction goods imported by the above-mentioned firms.

In a notice gazette, KRA said the goods include 5,130 boxed of imported onions belonging to Twiga Foods and Bamburi’s 29 containers materials used in clinker making.

Eyres motors which has uncleared cars shipped in from Japan, Singapore and Australia is also at risk of losing goods.

Also Read: Peter Njonjo: The Former Seniormost Coca-Cola Manager In Africa Who Quit Job To Start Twiga Foods

KRA has demanded the firms to clear the goods and the unpaid taxes in 30 days failure to which action will be taken.

At the same time, goods – a Ford van and two ambulances – owned by Chai Trading and the County government of Kajiado respectively are facing the auctioneers’ hammer.

In the notice, KRA invited interested parties to view the goods ahead of the auction slated for June 28.

“Interested buyers may view the goods at the Customs Warehouse, ICDE on 24th June 2022 and 27th June 2022, during office hours,” read the notice.

During the auction, prices are determined by expenses such as the duty due, the expenses of removal and sale, the rent and charges due to the custom, port charges and freight.

The reserve price of goods offered at an auction is set by the Commissioner which includes duties, expenses, rent, freight and other charges and goods cannot be offered at a price below the reserve price.

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