Milk, book prices set to rise under VAT Act 2013

Some of the basic commodities that the value added tax (VAT) bill proposes a 16% tax taken on June 13 2013. PHOTO/FILE

What you need to know:

  • Cost of electricity, smart-phones, cooking gas would also go up as the Treasury imposes 16 per cent tax in a new law
  • Imposition of the consumption tax expected to come as a surprise to many consumers who thought Treasury dropped it

Milk will cost at least Sh14 more per litre from next month.

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