Ghana Revenue Authority’s enforcement of the E-VAT Invoicing system introduced on October 1, 2022, has led to the closure of four branches of Palace Mall.

On Tuesday, October 11, 2022, the Labone, Spintex, Atomic roundabout and Weija branches of Palace Mall were closed down.

This is not the first company to be penalised for failing to fix their tax electronic collection system to enable the GRA access its data.

On Monday, October 10, 2022, the Spintex Road and Ashaiman branches of China Mall were shut down until a time management of the company decides to implement the E-VAT in its operations.

The GRA enforcement team has also shut down the Weija branch of the China Mall, bringing the number of branches of the company to five. Per reports, the Weija branch has also been closed down.

Meanwhile, the GRA has pledged to hunt down companies reject- ing the Electronic VAT system (e-VAT).

He said the Authority is mandated to ensure maximum compliance with all relevant tax laws in order to ensure a sustainable revenue stream for government, trade facilitation and a controlled and safe flow of goods across the country’s borders, thus all flouting companies would be brought to book.

“We shall not rest until the right thing is done, because as I always say, we don’t feel comfortable going around closing shops and do- ing all these operations. But the citizens have paid us to work and so we shall ensure that the right thing is done,” he said.

Source: The Independent Ghana