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Agambire cleared by GRA, office re-opened
The office of ACI Construction Company Limited, a subsidiary of Agams Holdings, was re-opened for business on Thursday (July 20, 2017) by the tax authority.
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This was disclosed by the National Coordinator for the Task Force at the GRA, Henry Sam.
Sam also indicated that his locked office has also been reopened.
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This is after they resolved the previously inconclusive tax issues with the company.
Sam explained that after GRA examined the financial statements of ACI Construction, they realised the tax liabilities is rather GH₵1.3million and not the GH₵14million put out in the public by GRA.
This was after they looked into an appeal filed by ACI Construction.
ACI Construction and its external Tax Consultants and Lawyers filed its tax and financial returns and engaged the GRA in a bid to resolve the dispute.
ACI earlier argued that it was unfair for the GRA to state an amount since they were challenging the said amount.
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After the resolution, ACI Construction has paid a substantial amount of the GH₵1.3million.
Meanwhile, both parties are working on settling on a payment plan for the rest of the money.
“Like all other state agencies, we have a great deal of respect for the GRA, the reason we are co-operating with them to resolve the disputed amount and ensure its eventual settlement,” a company official told the Finder Newspaper.
“These things are normal in business but the important thing is our proactive attitude to engage the relevant state body to have the situation fixed,” he said.
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He assured that they will collaborate with GRA to ensure such issues do not arise anymore.
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