NAIROBI, Kenya, April 7 – Butali Sugar has called on its cane suppliers to onboard into the electronic Tax Invoice Management System (eTIMS) as the miller seeks to meet the new Kenyan Revenue Authority’s (KRA’s) online tax invoicing requirements.
In a notice to all suppliers, the miller said that it will immediately not process payments for farmers who are not already onboarded with the electronic invoicing system.
“We will not be able to process and pay you for cane deliveries unless you as out farmer provide us with a valid Electronic Tax Incoice,” read a notice signed by the miller’s management.
In December last year, KRA directed all taxpayers conducting businesses to onboard the e-TIMS.
The taxman said at the time that the move was anchored on ensuring efficiency in tax compliance.
“To facilitate business continuity and allow for sufficient time for taxpayers to make adjustments in their systems and business operations, KRA wishes to notify non-VAT registered taxpayers that onboarding to the Etims platform will be available up to 32 March 2024,” stated KRA.
Through the platform, firms will be able to generate and transmit invoices directly to the authority, ensuring tax compliance as well as efficiency in tax collection.
Nonetheless, small businesses are only required to display a record of transactions rather than produce electronic invoices as they work to develop a different system to support their operations.
