[ 2017-02-15 ]

Coordinator of Task Force of the GRA, Henry Sam addressing the press after closing down Packplus

GRA closes down Packplus Limited for owing GH¢2.6m
The Special Revenue Mobilisation Task force of the
Ghana Revenue Authority (GRA) has closed down
PackPlus International Limited over tax default
between 2013 and 2015.

The company has defaulted in paying its taxes
between the three year period amounting to
GH¢2,642,874.17.

The action carried out on Wednesday, is in
fulfillment of the provisions of Section 34 of the
VAT Act 1998 (Act 546), VAT 2013 (Act 870) and
Income Tax Act 2015 (Act 896) which states that
distress will be levied on all distrainable things
of businesses to recover the sum of money owed.

Speaking to Citi Business News on the matter, the
Co-ordinator for the Task Force at the GRA, Henry
Sam said the action has become necessary as the
company had defaulted despite an initial caution.

He added that the payment plan outlined by the
company could not be accepted as the monthly
commitment of 5,000 cedis would take up to over 50
years to defray the outstanding tax obligation.
Packplus International Limited which deals in air
conditions has up to fourteen days to clear the
outstanding taxes or risk an outright sale of its
property by the GRA.

“What we have done is reinstating the distress
order. They have up to fourteen days to fulfill
their tax payment failure upon which the facility
will be auctioned to defray the cost,” Henry Sam
added.

Source - citibsinessnews.com

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