{"id":98793,"date":"2023-07-24T17:48:46","date_gmt":"2023-07-24T17:48:46","guid":{"rendered":"https:\/\/www.africa-press.net\/kenya\/all-news\/kra-exceeds-custom-revenue-target-by-2-07bn"},"modified":"2023-07-24T18:14:33","modified_gmt":"2023-07-24T18:14:33","slug":"kra-exceeds-custom-revenue-target-by-2-07bn","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/kenya\/all-news\/kra-exceeds-custom-revenue-target-by-2-07bn","title":{"rendered":"KRA exceeds custom revenue target by 2.07bn"},"content":{"rendered":"

Africa-Press – Kenya. <\/strong><\/span>Kenya Revenue Authority collected Sh49.06 billion from customs in the 2022\/2023 financial year, it has announced. This is against a target of Sh46.99 billion, thanks to the hospitality sector rebound.<\/p>\n

The collection represents a 10.12 per cent growth in revenue collection at the Jomo Kenyatta International Airport (JKIA), compared to the previous year.<\/p>\n

\u201cIt further represents a 104 per cent performance against the financial year revenue target,\u201d the taxman said in a statement. The taxman said cargo handled at the JKIA significantly increased during the period.<\/p>\n

\u201cThis enabled KRA Customs and Border Control (C&BC) department collect Sh5.39 billion against a target of Sh4.81 billion from air navigation service charge, which is levied on planes landing at the airport.\u201d KRA said.<\/p>\n

It reflects a performance rate of 112 per cent and a 31.9 per cent growth in revenue, compared to the same period the previous financial year. Revenue collected from air passenger service charge at JKIA also recorded a growth of 53.3 per cent.<\/p>\n

The taxman collected Sh11.57 billion from the air passenger services charge at JKIA, against a target of Sh8.04 billion. This is a 114 per cent performance rate. The growth is attributed to an increase in the number of air passengers during the period.<\/p>\n

Data by the Kenya National Bureau of Statistics shows the number of passengers handled at Kenyan airports increased from 6.7 million in 2021 to 10.2 million in 2022.<\/p>\n

This was on the back of increased number of international and domestic passengers by about 80.4 per cent and 32.1 per cent, respectively. \u201cPassenger traffic at JKIA increased by 65 per cent from 3.97 million in 2021 to 6.56 million in 2022,\u201d according to KNBS.<\/p>\n

KRA also attributes the above-target performance to the various initiatives that have facilitated passengers and seamless clearance of cargo. The initiatives include the installation of baggage and cargo scanners, as well as introduction of automated risk management module in iCMS.<\/p>\n

The scanners facilitate faster clearance of cargo at the ports of entry as it now takes a minute to scan a container and approximately five minutes to analyse an image of the cargo contents.<\/p>\n

“This has in turn substantially addressed congestion at the entry points,” KRA said.<\/p>\n

For More News And Analysis About Kenya<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Kenya. Kenya Revenue Authority collected Sh49.06 billion from customs in the 2022\/2023 financial year, it has announced. This is against a target of Sh46.99 billion, thanks to the hospitality sector rebound. The collection represents a 10.12 per cent growth in revenue collection at the Jomo Kenyatta International Airport (JKIA), compared to the previous […]<\/p>\n","protected":false},"author":84,"featured_media":98792,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[6857,7003,544],"class_list":["post-98793","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-kenya","tag-kenya"],"yoast_head":"\nKRA exceeds custom revenue target by 2.07bn - kenya<\/title>\n<meta name=\"description\" content=\"Kenya Revenue Authority collected Sh49.06 billion from customs in the 2022\/2023 financial year, it has announced. 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