List four circumstances under which duty paid on imports is refundable.
(b)Explain the term "thin capitalization."
(c)Name four incentives given by the government to encourage the growth of capital market in Kenya.
(d) Explain briefly the meaning of "goods subject to customs control" under the Customs and Excise Act (Cap. 472)
(e) Explain the requirements of an application for refund of VAT paid in respect of Bad debts.