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Appeals to high court can be made against the decision of local committee or tribunals. These appeals can be made only if the tax assess has already been paid. They are valid on the following grounds:
- The decision of the lower court was contrary to law.
- The lower court failed to address itself to the material issues of law.
- The lower court made an error in a matter of procedure
Wilfykil answered the question on February 15, 2019 at 08:57
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Date posted: February 15, 2019. Answers (1)
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Determine Total VAT payable (or refundable) for the three...(Solved)
The following transactions were reported by Abdi Wholesalers for the three months period ended 31 December 2008
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Date posted: February 15, 2019. Answers (1)
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The VAT Act requires a registered person to notify the Commissioner of changes in certain particulars of a business within 14 days of their occurrence.
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Date posted: February 15, 2019. Answers (1)
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With reference to the Income Tax Act (Cap.470), explain the term "incorrect returns".
Date posted: February 15, 2019. Answers (1)
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Determine:
i) Value added tax payable by (or refundable to)...(Solved)
The following transactions were extracted from the books of IB Trader; for till: month of September 2009:
Determine:
i) Value added tax payable by (or refundable to) JB Traders tor the month of September 2009.
ii) Comment on any information that you have oat used in your computations under (i) above.
Date posted: February 15, 2019. Answers (1)
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Briefly explain...(Solved)
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Date posted: February 15, 2019. Answers (1)
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Date posted: February 15, 2019. Answers (1)
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Date posted: February 15, 2019. Answers (1)
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Date posted: February 15, 2019. Answers (1)
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Determine:
(i) A value...(Solved)
Mamba Stores Ltd. deals in a variety of vatable and non-vatable goods. The following transactions took place during the month of December 2009:
December 1: Sold goods 011 credit to Wepesi Traders for Sh.100,000.
December 3: Purchased goods on cash basis from Riverside Traders for. 8h.98,000. December 4: Purchased electronic tax register for Sh.75,000 and paid by cheque.
December 8: Wepesi Traders returned goods valued at 8h.30,000 and received a credit note.
December 9: Sold goods to BB Ltd., a company based in Tanzania, for Sh.150,000. December 14: Paid electricity bills amounting to Sh.5,000.
December 15: Received a debit note of Sh.24,000 from Riverside Traders. December 18: Purchased office stationery for Sh.36,000.
December 21: Supplied goods to the Ministry of Agriculture valued at Sh.800,000. December 24: Imported goods from Dubai for Sh.400.000 exclusive of import duty of 25%
and value added tax of 16%
December 28: Purchased fuel for business vehicles for Sh.75,000. December 29: Paid Sh.34,000 for catering services.
December 30: Paid Sh45,000 for audit services.
Determine:
(i) A value added tax (VAT) account for the month of December 2009.
(ii) Comment on the penalties due where the VAT is not paid by Mambo Stores Ltd. on the due date(s).
Date posted: February 15, 2019. Answers (1)
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Outline four categories of goods which could be forfeited to the customs authority of your country upon their importation.
Date posted: February 15, 2019. Answers (1)
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He was therefore surprised recently when a team...(Solved)
OjwangMatata is the owner of Mapato Supermarkets. He does not actively engage in the management of the supermarket.
He was therefore surprised recently when a team of officers from the revenue authority visited him while conducting an investigation relating to tax compliance by Mapato Supermarkets. In particular, the officers were concerned that the supermarket was under-remitting value added tax (VAT).
OjwangMatata strongly feels that the revenue authority officers should have confined their investigations to the managers and staff of the supermarket, He is further concerned that the revenue authority has allowed some of the competing businesses to deregister for VAT purposes.
Advise OjwangMatata on the following:
(i) Powers of the Commissioner General to conduct tax investigations and any restrictions thereto.
(ii) Extent of his liability (if any) for VAT unpaid by Mapato Supermarkets.
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Date posted: February 15, 2019. Answers (1)
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Section 185(1) of the East Africa Customs Management Act (2004) provides that "Goods that are re-imported shall be entitled to re-entry free of import duties and to a refund of duties paid on exportation
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Date posted: February 15, 2019. Answers (1)
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Determine:
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The following transactions relate to Jakayo Traders for the month of December 2010:
Determine:
(i) VAT payable by (or refundable to) Jakayo Traders for the month of December 2010.
(ii) Comment on any information not used in your computation under (i) above.
Date posted: February 15, 2019. Answers (1)
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Date posted: February 15, 2019. Answers (1)
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Were and Otieno are in partnership trading as Woti Enterprises. They share profits and losses in the ratio of 2:3 respectively. The partnership's statement of comprehensive income for the year ended 31 December 2010 is as shown below
Prepare:
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Date posted: February 15, 2019. Answers (1)
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Date posted: February 15, 2019. Answers (1)
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As a tax expert advise the government of possible ways...(Solved)
The government of your country is exploring ways of preventing loss of tax revenue from imports
As a tax expert advise the government of possible ways of preventing the loss of tax revenue from imports
Date posted: February 15, 2019. Answers (1)
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Briefly explain four circumstances under which a taxpayer might be exempted from paying installment tax.
Date posted: February 15, 2019. Answers (1)
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Outline four categories of goods which are subject to customs control under the Customs and excise Act.
Date posted: February 15, 2019. Answers (1)