- A Chinese factory engaged in the recycling of textbooks into toilet rolls has been shut down by the Ghana Revenue Authority
- The closure came after a 2-week surveillance by the Counter Intelligence Unit of the GRA
- The GRA has reported the matter to the police and investigations are underway
Our Manifesto: This is what YEN.com.gh believes in
The Ghana Revenue Authority (GRA) has shut down a Chinese firm, Everyday Manufacturing Ltd, that was engaged in the recycling of government textbooks into toilet rolls.
The factory, located in the Awutu Senya constituency, was closed down after a two-week surveillance operation by the GRA’s Counter Intelligence Unit.
YEN.com.gh understands that the GRA’s Special Revenue Mobilisation Task Force closed the factory after a tip-off.
READ ALSO: COCOBOD receives $600 million to boost cocoa production in Ghana
Information available shows that the manager, a salesman, and a Ghanaian interpreter for the company are on police enquiry bail and assisting with investigations.
Per a report by thebftonline.com, the head of GRA’s task force, Henry Bradford Sam, noted that the company has committed numerous tax and criminal offences.
These, he said, included tax evasion, failure to issue the Commissioner-General invoice, and destroying government property.
Sam added that the cost of the exercise books used as well as other raw materials would be estimated and this would help determine the tax to be levied.
He added that the GRA would also impose no less than 75% of taxes assessed as a penalty for tax evasion.
Sam went on to say that the GRA would ensure the collapse of illegal businesses and do well to insist on the payment of taxes by individuals and businesses.
In other news, YEN.com.gh has learnt that tomato farmers in Tuobodom in the Brong Ahafo region are recording increased sales following the closure of the borders with Burkina Faso.
The closed borders have compelled buyers who travelled to Burkina Faso to purchase tomatoes to resort to buying from the local traders.
Information available shows that a box of tomatoes, which previously sold for GHc20 at the beginning of 2020, now sells for GHc700.
READ ALSO: GRA recorded over 1 million taxpayers in 2019 - Finance ministry
Install our latest app for Android and read the best news about Ghana!
Star Gist: The impact of COVID-19 on the fitness industry in Ghana | #Yencomgh
Use the comments section below to share your views on this story. Do you have a story to share or you have information for us? Get featured on YEN.com.gh. Message us on Facebook or Instagram