Audio By Carbonatix
In its quest to achieve the 21 billion cedi target for this year, the Ghana Revenue Authority is moving into the retail markets to ensure the traders comply with the tax laws of the country.
The authority is this time embarking on what it calls “Test Purchases” to clamp down on those failing to issue VAT invoices to buyers.
The move is part of GRA’s strategy to achieve government’s goal of improving tax collection by widening the tax net.
Maxell Tastsu, Assistant Commissioner in charge of Debt Management and Compliance Enforcement Unit at the GRA, told Joy Business that officers from the authority have been going to the markets as ordinarily consumers to buy.
The officers, with the support of the police, have been “taking action” against persons who fail to issue VAT invoices.
He said offenders would either be prosecuted or made to pay penalty.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Mali and Burkina Faso impose travel ban on US citizens in tit-for-tat move
2 minutes -
Cyborg fined GH¢24k for discharging firearm during Asake meet-up
19 minutes -
Guinea junta chief wins presidential election by landslide
20 minutes -
Machu Picchu train crash leaves one dead and dozens injured
36 minutes -
Heavy police presence in Sydney for New Year’s celebrations after Bondi attack
1 hour -
Ghana not experiencing ‘dumsor’ despite occasional outages – Analyst
1 hour -
ESLA stabilised energy sector but legacy debt remains major challenge – Analyst
1 hour -
Peter Obi dumps LP, defects to ADC
1 hour -
Proposed 5-Year Presidential Term Could Break Ghana Tradition of 8-Year Mandate
1 hour -
Ghana Airways technical completion paves the way for a triple threat economic reset
2 hours -
Cedi depreciation marked most disastrous period in Ghana’s economic management – Felix Kwakye Ofosu
2 hours -
Walewale, Bolgatanga police investigate deadly checkpoint shooting
2 hours -
Taxpayers to pay less under revised VAT structure from 2026 — GRA
2 hours -
Bullish Andre Ayew talks up NAC Breda challenge
2 hours -
Cybersecurity Authority warns public against festive season parcel delivery scams
2 hours
