A shipping company has sued the Kenya Revenue Authority(KRA) over tax refunds contained in VAT certificates and claims.
Inshape Shipping Service is seeking orders from the High Court to compel the tax collector to process a refund amounting to Sh150,125,095 contained in VAT certificates and claims, the Standard reports.
According to the shipping company's Chief Executive Officer (CEO) David Mackay KRA conducted an audit report of their tax affairs for January 2010 to June 2012 and was supposed to file its statement of facts by June 7, 2013, if they disagreed with what had been filed.
Mr Mackay notes that KRA has not filed its statements of facts more than two years later.
The shipping firm has accused KRA of refusing to process the payment of VAT refunds due to them and ignoring them by not issuing any response on the matter.
The CEO has accused the tax authority of continous abuse of its powers with regard to refunds.
