Audio By Carbonatix
The Ghana Revenue Authority has hinted that it will resume the invoice invigilation exercise it introduced last year which ensured that businesses were made to pay the right amount of taxes to the state.
According to the authority, the exercise has contributed immensely to the revenue mobilisation of the state and hence the need to re-introduce it and cover many areas.
“In the area of enforcement and compliance, GRA carries out invoice invigilation exercises to ascertain Value Added Tax (VAT) paid by VAT registered businesses across the country”.
These exercises entail stationing staff on the premises of VAT registered businesses such as shops, restaurants and manufacturing sites to check the issuance of VAT invoices.
In September 2022, invigilation exercises were intensified nationwide in order to enforce the issuance of VAT invoices and to encourage persons who buy goods and patronise services to demand for VAT invoices.
This exercise, the GRA said, was very successful and it intends to scale up the invoice invigilation exercise from April 2023.
In carrying out all these enforcement and compliance activities, staff of GRA have been advised to remain professional and act at all times with integrity as required by the authority’s Code of Ethics and Conduct.
Latest Stories
-
NDPC pushes for inclusive spatial planning to achieve balanced national development
3 minutes -
GACC flags weak transparency, accountability gaps in petroleum revenue projects
12 minutes -
Corruption, weak revenue systems undermining local development – NDPC Chairman warns
16 minutes -
GNFS contains container fire at Suhum market
30 minutes -
Assailants targeting residents from bush in Nkwanta South — Six reported dead
39 minutes -
Adopt practical measures against climate risks—Sam Jonah urges insurance industry
52 minutes -
Lands and Mines Watch Ghana commends Minister for transparent, lawful approach to Damang Mine lease expiry
54 minutes -
Oti Regional Police Commander engages Nkwanta Community, calls for calm after attacks
58 minutes -
“Ghanaba Market” SME Fair slated for 26-27 March 2026
1 hour -
Last Gallop: Horse Racing feature sparks nostalgia and concern among Ghanaians
1 hour -
‘We will do our best’ – Jordan Ayew looks ahead to strong outing against Austria
1 hour -
Fast cash, slow ruin: Examining Ghana’s digital loan trend
2 hours -
It’s a good call—UPSA Dean backs end of Ghana School of Law monopoly
2 hours -
Land dispute behind Nkwanta South tensions; No arrests yet – Oti regional Minister
2 hours -
Ghana cancels plans to host 2026 African Swimming Championships
2 hours
