GRA shuts down branches of China mall for non-Compliance with tax laws.
The Ghana revenue Authority has shut down four branches of the China Mall Including it ware houses. The Enforcement Officials of GRA disclosed that, this action was necessary after the management Mall refused to work on it electronic Value added Tax (VAT ) collection system established by the Authority.
On October 1, 2022 the GRA rolled out out the e-invoicing system for VAT collectors to 600 large taxpayers that generate more than 90 per cent of VAT revenue.
Joseph Annan, who is the Accra Area Enforcement Manager told the Ghana News Agency that the Authority had been engaging management of some selected businesses on how to commence the system but most of them had failed to comply. In his words :
“This is just for them to fix their system for the electronic VAT. We have engaged them on several occasions to get this simple system fixed. The place shall be sealed and locked until they comply with the law. This is part of the Enforcement exercise which we are doing at all the China Mall branches.”
He added : “We will continue to pursue all who have failed to fix the system until they comply,”