Accra, Oct. 7, GNA \u2013 Managers of eight Cold Stores in the Tayi Yard in Community 1, Tema swiftly closed their shops and went into hiding when a team from the Ghana Revenue Authority Tax Enforcement Unit arrived for an Invigilation exercise.\u00a0<\/p>\n
The owners of the stores fled, leaving their cars behind\u202fwhen the team arrived on the ongoing tax invigilation exercise.\u00a0<\/p>\n
Before, the team got to these stores, they visited a number of other shops, who infringed on the tax laws, including non-registration of VAT and non-issuance of VAT receipts.\u00a0<\/p>\n
These stores are\u202fPerez Frozen Foods, Isaac Glavi Trading Enterprise, Wanmafe Company Ltd, Jos Nartey Enterprise, and CU Nazareth Ventures.\u00a0<\/p>\n
Meanwhile, GRA has\u202flocked up and sealed the Underbridge Event Centre located at East Legon.\u00a0<\/p>\n
Mr Joseph Annan, Area Enforcement Manager of GRA in charge of Accra Central, told the Ghana News Agency that the place would be locked up until it met its obligations.\u00a0<\/p>\n
He said some of the businesses\u202fwere registered but were doing selective issuance of VAT, while others were not registered at all.\u00a0<\/p>\n
He said he expected the Event Centre to do the VAT registration for the place to be opened up for the public,\u202fadding that the registration process was not a difficult one.\u00a0<\/p>\n
On the stores that were closed, the Enforcement Manager said since the team was always on the field, they will catch with them.\u00a0<\/p>\n
He said, \u201cso if you run today, then you must run forever.\u201d\u00a0<\/p>\n
Mr Annan said it had been wonderful ever since the operation began, adding that\u202fall the places visited had zoomed into full compliance and they were putting together some assessments and had so far got GH200,000.\u00a0\u00a0<\/p>\n He encouraged the public to volunteer information on tax infractions to the Authority, adding that information that leads to some good recovery will benefit from the reward scheme.\u00a0<\/p>\n The GRA expects that all suppliers of taxable items, goods or services, issue VAT invoice as required by law and in the same vein, the customer is required by law to obtain invoice if such transactions attract VAT.\u00a0<\/p>\n GNA\u00a0<\/p>\n![\"\"](\"http:\/\/www.ghanamma.com\/wp-content\/uploads\/2022\/10\/Economics-GRA-Invigilation-6.jpg\")
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