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Sunday, May 26, 2024

GRA CLOSES CHINA MALL

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The Ghana Revenue Authority (GRA) has locked the Chinese retail shop, China Mall, and its stockrooms on Spintex Street and Ashaiman in the Greater Accra region.
The action follows the inability of the company to fix its electronic tax collection system to enable the GRA to access the data.

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.

According to the Accra Area Enforcement Manager, Joseph Annan, the action has become necessary after many attempts to get the company to comply with the law failed.

“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 said.

Managers of the mall got a wind of the action and closed the shopping center even before the Enforcement team arrived at the premises.

Workers at the warehouse were protesting during the action.
Mr. Annan stated that the GRA will extend the exercise to all branches of China Mall in the country.
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