Three companies, Max Mart, Palace Mall and Fresh First Limited -Second Cup, have been indicted for noncompliance of the tax law.
Max Mart, East Legon, and Fresh First Limited -Second Cup, Dzorwulu branches, were indicted for non-issuance of the electronic tax invoice, while Palace Mall, Tema Community 25 branch, was indicted for duplication of Value Added Tax (VAT) invoice.
Branch managers of these companies have been arrested by the Ghana Revenue Authority (GRA) tax enforcement team.
The Accra Area Enforcement Manager of the GRA, Joseph Annan, told journalists after an enforcement exercise yesterday, that the team was embarking on branch specific.
He said, so far, the company had visited 15 branches of various companies that were in default of tax compliance. According to him, the exercise was still ongoing, and “once you are arrested, we will take your statement, and somebody will come in and bail you.
“Then we will continue with our investigation. We are looking forward for a trial. We are trying to put our dockets together as early as possible, so that we can take them to court.”
Pointing to the VAT Act 2013, section 58 and 59, as well as the Revenue Administration Act, he said defaulting companies or entities would be slapped with a maximum of 1500 penalty units fine if there was no assessment to it, imprisonment of not more than five years, or a combination of both.
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