Government responds after high court suspends Finance Bill Act 2023
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Government to respepect conservatory orders issued Court on the suspension of the Finance Bill Act 2023
Government to respepect conservatory orders issued Court on the suspension of the Finance Bill Act 2023.
On Friday, June 30, Kimani Kuria, chair of the National Assembly’s Finance and Planning Committee, emphasized that the government will abide by any conservatory orders made by the High Court suspending the Finance Act, 2023.
The Molo MP said, in a statement to NTV minutes after Justice Mugure Thande gave the orders, that the government would not be reviewing fuel rates in light of the 16% VAT on petroleum items.
“We respect the Judiciary and we expect the court process to take the lead. We are prepared for a court battle,” he stated.
Kuria – whose committee is tasked with reviewing tax policies – maintained that they were considerate of all legal provisions when reviewing the Finance Bill, 2023 before it was tabled in Parliament.
He expressed confidence that their legal team would have the conservatory orders overturned.
The legislator indicated that they had anticipated the orders issued in favour of Busia Senator Okiya Omtatah and his co-petitioners.
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“As a committee, we went through all court rulings and we made the decisions based on the previous clauses that were done and we ensured that everything was in order,” he stated.
However, contrary to Kuria’s promise, EPRA reviewed the fuel prices, increasing the prices of Super Petrol and Diesel by Ksh13.
In the review, EPRA announced that a litre of Super Petrol in Nairobi would retail at Ksh195.3, Diesel at Ksh179.67 and Kersosene at Ksh173.44.
The authority explained that the announcement was made following the increase of the Value Added Tax (VAT) on fuel products from 8 per cent to 16 per cent.
The Energy and Petroleum Regulatory Authority (EPRA) has recalculated the maximum pump prices for the period between July 1 – 14, 2023.
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