GRA storm Kempinski, Movenpick to seize stampless products
Cartons of drinks and other products have been seized from the Kempinski and Movenpick hotels in Accra for non-compliance with the tax stamp policy.
On Wednesday, the Tax Compliance and Special Tax Stamp Enforcement Unit of the Ghana Revenue Authority (GRA) stormed both hotels to do a random inspection.
However, the team uncovered that there were no tax stamps on many of the products at the bar and storeroom of the hotels.
Source: UGC
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The GRA has been on the heels of wholesale and retailers in recent months to ensure that the tax stamp policy is fully complied with.
Earlier this month, GRA officials seized drinks without the tax stamps at wholesale shops in Accra.
Chief Revenue Officer of the GRA, Kwabena Apau Anto, said he and his team will continue to be on the lookout for defaulters.
“… we have been visiting retail shops, wholesalers, manufacturers themselves and importers. We also know that key players in this business are the restaurants and the hotels because they sell a lot of these products,” he told Accra-based Joy FM.
“So today, our focus is on the restaurants and hotels and that’s why this morning we’ve already been to Kempinski and now at Movenpick to make sure that all products without the tax stamp are detained.”
The Excise Tax Stamp Act, 2013 (ACT 873) was passed by Parliament in December 2013 with the aim of helping the Ghana Revenue Authority (GRA) enforce the affixing of Excise Tax Stamp on specific excisable goods before they are delivered ex-factory, cleared from any port or presented for sale at any commercial level in Ghana.
Source: UGC
However, it was until January 2014 that the act received presidential assent.
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The GRA has indicated that the seizure of products will continue until there is full compliance of the Excise Tax Stamp policy.
Some products expected to be affixed with the stamps include Cigarette and other Tobacco products, alcoholic beverages, non-alcoholic and carbonated beverages, bottled water and textiles amongst other excisable products.
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Source: YEN.com.gh
