GRA SHUTS DOWN STORES, ARRESTS 10 MANAGERS FOR FAILING TO COMPLY WITH VAT REGULATIONS

According to the Assistant Commissioner of Head of the Accra Central Enforcement Unit, Joseph Annan, the exercise was a part of efforts by the authority to encourage voluntary tax compliance and assure compliance among small and medium-sized firms.

Explaining further to journalists, he noted that GRA was carrying out similar exercises in various markets to ensure businesses adhere to the VAT regulations.

Additionally, Annan stated that owners of companies who had previously been arrested for non-compliance would be contacted again to see if they were doing so now.

“If we find out that they are not complying then we will classify them as recalcitrant.

We dealt with them leniently when we found them to be non-compliant for the first time but if for the second time we find out that nothing has changed them, we won’t be friendly at all,” he noted.

Annan added, “for those of you who declared profits but failed to pay to the authority, we will also come after you.”