China and Sneda mall managers arrested for not paying tax

January 30, 2023 2:55 PM

The Managers of the Spintex road branch of China Mall and Sneda Mall on the Spintex road have been arrested over non-payment of taxes.

China mall and Sneda Shopping Center

They were arrested by a joint task force of Police and officials of the Ghana Revenue Authority (GRA).

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It is not known how much tax the company owes the GRA but reports stated that the manager of China Mall was picked up Monday, January 30, 2023, by a task force from the revenue authority.

China Mall Pulse Ghana

In October 2022, the GRA closed some branches of the China Mall shopping mall for non-compliance with the e-invoicing system for Value Added Tax (VAT).

The GRA rolled out the e-invoicing system for VAT collectors from October 1, 2022, to 600 large taxpayers that generate more than 90 percent of VAT revenue.

Unlike the manual system, the e-invoicing system allows the GRA to monitor live transactions in companies where it has been deployed, thereby making it impossible for taxpayers to either under-invoice or avoid the payment of VAT.