GRA shuts down China Mall over tax issuesKwesi Traffic
Ghana Revenue Authority (GRA) shuts China Mall down over issues with taxes.
– GRA shuts down China Mall over tax issues.
– GRA closes China Mall for refusing to fix the electronic VAT system.
– GRA will extend the practice to all of China Mall’s locations around the nation.
The enforcement team of the Ghana Revenue Authority (GRA) has locked the Chinese retail shop, China Mall, and its warehouses on the Spintex Road and Ashaiman in the Greater Accra region.
The GRA on October 1, 2022 started the Electronic VAT system to block leakages in revenue collection as well as ascertain the actual income of businesses.
The action is essential, according to Joseph Annan, the Accra Area Enforcement Manager, after many attempts to convince the corporation to follow the law failed.
GRA closes China Mall for refusing to fix the electronic VAT system. “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 told Joy Business.
Before the Enforcement team came on the scene, the mall’s managers had learned of the incident and had already shuttered the store. During the incident, warehouse employees were protesting.
According to Mr. Annan, the GRA will extend the practice to all of China Mall’s locations around the nation.