Outvestor wrote:Some Education... courtesy of ICPAK
Shida iko hapo above!Those products are tax exempted not zero rated. Now if you exempt e.g bread, the processor cannot claim back input tax thus has to push extra cost to customer.
If they wanted prices to be maintained they should zero rate not exempt.
I think the spike in milk prices will hurt even say Brookside due to reduced sales volumes.Bachelors like me now only buy milk on weekends.Siku hizo zingine I take tea at work or neighbors!
Formally employed people often live their employers' dream & forget about their own.