Consumers have a reason to smile to after the issuance of another cordial directive, which presently permits them to exchange their empty gas cylinders with some other refilled brands. This was made possible after members from the Energy Dealers Association (EDA) were permitted to exchange various gas cylinder brands as long as the size is the same since all of the containers are fitted with universal valves.
The Competition Authority of Kenya (CAK) has fined an association of suppliers Ksh408,000 on allegations of exploiting Kenyans. In a gazette notice dated Friday, August 2021, CAK found Energy Dealers Association (EDA), a conglomerate of 32 small-scale suppliers and distributors, culpable of hatching the illegal plot to exploit Kenyans following investigations.
Finance Act, 2021 came into effect last week after Presidential assent, a move that reintroduced Value Added Tax (VAT) on liquefied petroleum gas (LPG). Consumers will now be required to pay at least Ksh350 more for cooking gas. According to Business Daily report with citation from Kenyans.co.ke, members of the Energy Dealers Association have filed a petition to stop the government from reintroducing a 16% tax on the commodity as this will spike its cost.
Kenyans who use cooking gas at their homes have a reason to be happy after the latest development. Under the Energy Dealers Association (EDA), small and medium-sized cooking gas dealers and companies have been allowed to set up a cylinder exchange pool. Setting up the cylinder exchange pool is good news for Kenyans because they will be allowed to refill their cylinders from any dealer.
The Energy Dealers Association (EDA) wants a court to block the 16 percent value-added tax on cooking gas that took effect this month. EDA Secretary-General Kepher Odongo Friday filed a suit at the High Court through Okoth and Co. Advocates. Prices of goods rise after President Kenyatta signs Finance Act into law Cooking gas, phone airtime and loan fees among those hit with new taxes 16% VAT on cooking gas pushes price of 1Kg cylinder up by at least Ksh300.
According to the report, consumers are now having a reason to smile after the issuance of a new friendly directive, which now allows them to replace their empty gas cylinders with any other refilled brand. Members of the Energy Dealers Association (EDA) have been allowed to exchange different gas cylinder brands as long as the size is the same.
Kenyans using gas cylinders as a source of energy for cooking has now a relief after a new friendly directive, which now allows them to replace their empty gas cylinders with any other refilled brand was reached today. The directive was reached by members of the Energy Dealers Association (EDA) after they held a meeting to easen the market conditions for their consumers.
Due to the new directive on gases consumers have to smile since they are now allowed to refill empty gas cylinders with any other refilled brand. This came out after the members of the Energy Dealers Association(EDA) were allowed to exchange the empty gas cylinders with other brands since the size is the same and all the containers are fitted with similar valves.
Following the sudden rice of the cost in refilling and buying gas in the Kenyan market, civilians using cooking gas could not remain calm but bitterly have complained. Following this, Kenyan Business men and traders have teamed up for an action against the Government . As stated in the Business Daily of 5th July 2021, the Energy Dealers Association took it the court and filed a petition after a 16% tax had been instituted by the government that spiked up the prices.
Energy Dealers Association has filed a petition at the High Court seeking to freeze implementation of the reintroduction of 16% VAT on gas cylinders, the association has argued that the move by Kenya Revenue Authority was wrong considering that many Kenyans were affected by the outbreak of the Corona virus.
The regulatory body Competition Authority of Kenya(CAK) penalized a group of suppliers Ksh408,000 for allegedly exploiting Kenyans. Following investigations, CAK found Energy Dealers Association (EDA), a conglomerate of 32 small-scale suppliers and distributors, responsible of devising the illicit conspiracy to exploit Kenyans in a gazette notice dated Friday, August 2021.
Following a rise in cooking gas prices, Kenyan businessmen and traders have banded together to protest the government. According to a Business Daily report on Monday, July 5, members of the Energy Dealers Association filed a petition after the state reintroduced a 16 percent tax on the critical commodity, causing its price to skyrocket.