Kenya to Ban Use of Bonded Warehouses by Certain Importers
Importers of certain consumer goods in Kenya will be banned from using bonded warehouses to delay duty payments starting Aug. 12, according to a June 17 report from the Hong Kong Trade Development Council. Those importers will instead be required…
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to pay customs duties when the goods arrive, the report said. The measure, which is expected to hit smaller businesses the hardest, will impact imports of alcohol, used motor vehicles, textiles, office supplies, “foodstuffs of any form,” a range of bulk commodities, cigarettes, spare parts, electrical parts, cameras, phones, used footwear and more. It is not yet clear what will happen to commodities currently stored in warehouses, the report said.