Ghana, GRA Staff Impounds Goods without Excise Tax Stamp in Koforidua

BY ANIN AGYEI–

Impounded Drinks
Photo Credit: Ghana Revenue authority

NEW AFRICA BUSINESS NEWS, Accra, Ghana- TASK FORCE mandated by Ghana Revenue Authority (GRA) has confiscated quantity of locally and imported drinks without no excise tax stamp from BAACAL Wines Shop at Okorase, near Koforidua.

The exercise was made up of staff of GRA from Accra, who joined their counterparts in Koforidua to check for the excise tax stamp law in Koforidua and its environs.

Management of BAACAL Wine Shop were given 30 days to explain to GRA why the company was selling drinks without the excise tax stamp on them or risk losing the goods under the tax laws of the country.

Speaking to the media after the exercise, Joseph Okai, a member of the task force appealed to the public to download the excise tax stamp app on their mobile phones to support the GRA to enforce the excise law to raise more revenue for development.

Okai urged Ghanaians not to buy goods that do not have the excise tax stamp on them as a way of supporting the enforcement of the tax laws.

He expressed appreciation to the high level of compliance with the excise tax stamp regulations at all the places visited by the enforcers.

Earlier, the task force visited the warehouses of Double Cee Company, distributors of Guinness Ghana Limited products, I0Y Dadi Industries, Agya-Nie Bitters Industries and Sir Cool Water Company, producers of sachet and bottle water.

It would be record that in line with the Excise Tax Act passed by parliament in 2013, all carbonated beverage and alcoholic drinks must be embossed with the tax stamp to help the state generate the right taxes on the products.

BY ANIN AGYEI, NEW AFRICA BUSINESS NEWS, AFRICA CORRESPONDENT

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