# 40. Tax Procedures (Amendment) Act 2024

Quick Link: [https://new.kenyalaw.org/akn/ke/act/2024/21/eng@2024-12-13](https://new.kenyalaw.org/akn/ke/act/2024/21/eng@2024-12-13)\
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The Tax Procedures (Amendment) Act 2024 amends the Tax Procedures Act to suspend the application of multilateral agreement or treaty provisions applicable in Kenya which impose import duty on imported steel billets and wire rods. This suspension is for a period of two years or for a longer period as may be subscribed by the Cabinet Secretary by gazette notice. &#x20;

This is intended to reduce the cost of importing steel bars and rods for construction in affordable housing projects. &#x20;
