Importers Urged to Properly Calculate Expenses to Avoid Unnecessary Losses
The Deputy Commissioner General of South Sudan Revenue Authority (SSRA) is urging importers to properly calculate all expenses, including the cost of transporting goods from Kenya to South Sudan to avoid unnecessary financial losses.
Thank you for reading this post, don't forget to subscribe!Goods Worth Millions at Risk of Auction
Media reports have stated that goods destined for South Sudan worth millions of Kenya shillings would be auctioned, including United Nations’ shipments. According to the Kenyan media, critical construction materials, electrical components, food items, and other consumer goods essential for businesses in South Sudan are among the goods at risk.
Auctioning Exercise Targeting Importers
The notice issued on March 17 under Section 42 of the East African Community Customs Management Act 2004, states that the goods would be deemed abandoned and sold through a public auction set for May 5–9, 2025. Deputy Commissioner of South Sudan Revenue Authority, Mr. Taban clarified that the goods belong to business entities, not the government.
Reasons for Auctioning
The scheduled auctioning exercise is targeting importers who were unable to clear their goods within the individually owned land. Mr. Taban explained that excessive storage fees at the Inland Container Depot in Nairobi can quickly surpass the value of the goods being held.
Proper Budgeting Essential
The SSRA Deputy Commissioner is urging importers to appropriately budget for their goods and services destined to South Sudan to prevent losses at the port. It is crucial to calculate all costs, including transportation to the final destination, to avoid incurring excessive fees.
Impact of E-taxation
With the introduction of E-taxation, it has become increasingly difficult for some importers to smuggle goods into South Sudan, as they now risk having their goods auctioned in Kenya. This highlights the importance of proper planning and budgeting for importers to avoid financial setbacks.
