Breaking News

DO THE RIGHT THING ELSE WE’LL COME AFTER YOU – GRA Warns Tax Defaulters

 

“We will always be on the field. We will knock on doors but if you run today, you may not run forever because we will surely knock on your door. Companies must do the right thing by paying all their taxes”, he advised.

The GRA’s Domestic Tax Revenue Division halted operations at the UnderBridge event center in East Legon because it had not registered for Value Added Tax (VAT).

The government took this measure as part of a larger effort to prevent businesses from dodging their fair share of taxes.

In addition to the closure of Josh Nartey Ventures, four Tema cold storage facilities and a beverage distribution business ceased operations.

According to the GRA, these businesses’ transgressions include things like failing to register for Value-Added Tax (VAT) and failing to provide invoices.

“We got intel that they were not registered. We also did our own background checks and confirmed it.”

”We have locked up the place. They must do the needful by registering, and then we look at the sanctions for non-registration, after which we will open up the place”, Mr. Annan said.

He added that the action by the firms contributes to revenue loss to the state.

 

NKONKONSA.com

Spread the love

About Nkonkonsa.com

Check Also

GHANAIANS WILL SOON TRAVEL FROM ACCRA TO LAGOS BY TRAIN – Railway Minister Reveals

The Minister for Railway Development, John Peter Amewu, has outlined the government’s commitment to connecting …