Audio By Carbonatix
The White Chapel store in the central business district of Accra could be put up for auction if its management fails to pay up 2.4 billion cedis the company owes the Value Added Tax Service.
The store was sealed off earlier this month for non payment of taxes but the management took off the VAT Service’s seal and resumed the sale of its merchandise shortly before Christmas.
The illegal action by the company got VAT officials in the company of law enforcement agents back to the store to arrest the Chief Executive of the Company Dan Ofori.
Workers of the company and some onlookers however resisted the arrest and in the process allegedly assaulted the police officers who tried to arrest the CEO.
A Revenue Officer from the VAT Service Henry Sam told Joy business report that the service will not relent in its efforts to recover monies owed the Service and that could include auctioning the outfit.
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
-
Prayer Palace Church raises concerns over alleged encroachment on property by Chinese national
9 minutes -
What Is Wrong with Us: When “Me” becomes bigger than “We”
17 minutes -
Prudential Bank organises business mission to Turkey and China for customers
24 minutes -
90.28% of road contracts awarded through competitive tendering — Gov’t rebuts ‘sole-source factory’ claims
25 minutes -
Ghana Month in Ethiopia strengthens cultural, business relations among both countries
31 minutes -
Book of condolence opened for Ambassador Victor Gbeho in Accra
36 minutes -
Mahama hasn’t reviewed Article 71 salaries; current emoluments inherited from previous administration – Gov’t
50 minutes -
Only 4.58% of road contracts awarded through sole-sourcing — Kwakye Ofosu
1 hour -
Police arrest Fuseini ‘Fuzzy’ Sorku in Tamale over alleged assault case
1 hour -
Mahama hasn’t added a cedi to presidential appointee salaries – Kwakye Ofosu
1 hour -
Award-winning investigative journalist Roger Cook dies aged 83
1 hour -
“Spider-Man of Yemen” dies after falling into volcanic crater during climb
1 hour -
Deputy EC Chair Dr Bossman Asare to resign effective July 31
1 hour -
Samuel Tettey retires as EC Deputy Commissioner; replacement process underway
2 hours -
Processes underway to replace Sophia Akuffo on Council of State – Government
2 hours