<\/p>\n
Joseph Annan, Head of Enforcement, GRA, Accra Central<\/em><\/strong><\/p>\n \u00a0<\/p>\n THE GHANA Revenue Authority (GRA) has begun enforcing compliance of the Value Added Tax (VAT) at various grocery shops within the capital as part of enhancing responsiveness during the festive season.<\/p>\n This follows the successful enforcement of VAT compliance at various quarry sites across the country.<\/p>\n The enforcement team visited the Unique Collections, Zeno\u2019s Yoghurt, Blush Avenue, Naya by Africa, Guvnor Restaurant and Shake\u2019s Nation, all located within the A&C Shopping Mall at East Legon.<\/p>\n The six companies were apprehended for various infractions including issuing own invoice, issuing still receipts with no VAT component, without approval and non-issuance of any form of receipts.<\/p>\n In a similar operation, the team also visited Stu\u2019s supermarket and Tilyz J Ventures both located at Dansoman.<\/p>\n They were found culpable of infractions including non-issuance of VAT and selective issuance.<\/p>\n Head of Enforcement, Accra Central Unit of the GRA, Joseph Annan, who led the task force, noted that some of the companies were not registered for VAT though they were supposed to, while those that have registered were not issuing the receipts.<\/p>\n He said the non-issuance of the VAT invoice attracted a penalty of twice the preemptive assessment that would be carried out or not more than 100 penalty units.<\/p>\n That, Mr. Annan said, would deter culprits from breaking the VAT regulation.<\/p>\n \u201cIt is also wise for businesses to come to the GRA to register as that is not considered as compulsory registration. However, when a company is arrested and forced to register \u2013 that will involve a penalty of not more than twice of that assessment or a term of imprisonment of not more than six months,\u201d he said.<\/p>\n Earlier this month, Ag. Head of Operations at the GRA, Kwesi Eghan, debunked the notion that the authority had relaxed in its quest to ensure compliance.<\/p>\n He said enforcement through invigilation and mystery shopping or test purchases were key strategies of the Authority which could not be relegated to the background.<\/p>\n \u201cThese are compliance tools for revenue collection. Since September, we have invigilated about 175 taxpayers. Taxpayers are our stakeholders and we operate with them on the premise of trust,\u201d he said.<\/p>\n Mr. Eghan, however, reiterated the authority\u2019s resolve to enforce compliance in the hospitality sector and departmental shops during the festive season.<\/p>\n \u201cThese are plans to meet our target and to deepen the country\u2019s growth prospect towards revenue mobilisation,\u201d he added.<\/p>\n BY Jamila Akweley Okertchiri<\/strong><\/p>\n \n\t<\/div>\n","protected":false},"excerpt":{"rendered":" Joseph Annan, Head of Enforcement, GRA, Accra Central \u00a0 THE GHANA Revenue Authority (GRA) has begun enforcing compliance of the Value Added Tax (VAT) at various grocery shops within the capital as part of enhancing responsiveness during the festive season. This follows the successful enforcement of VAT compliance at various quarry sites across the country. […]<\/p>\n","protected":false},"author":1,"featured_media":1266179,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[72],"tags":[6740,624,25833,7144,904,4536],"class_list":["post-1266178","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-enforcement","tag-gra","tag-grocery","tag-shops","tag-takes","tag-vat"],"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1266178","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/comments?post=1266178"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1266178\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/media?parent=1266178"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/categories?post=1266178"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/tags?post=1266178"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}