The DE ICON event center in East Legon has been shut down by the Ghana Revenue Authority (GRA) because it was not registered to pay taxes.
The GRA management received a tip that the company wasn’t registered with the Authority, which prompted the swoop.
After the GRA confirmed that the company was not registered, members of the Debt Management, Compliance and Enforcement team closed up the building.
Nathaniel Tetteh, a Chief Revenue Officer of the GRA’s Debt Management, Compliance and Enforcement division, said that the center’s proprietors were aware of tax rules and had tax forms in their possession for more than five months.
Today, we recommended them to go and finish the registration process, and that would justify opening the facility so they could use it, according to Mr. Tetteh.
He also urged companies that do not charge taxes to make sure they are registered and paying the correct taxes.
To make sure that companies are paying their taxes, the GRA is now conducting a thorough national audit and “mystery shopping” all around the nation.
ECG catches DE ICON making an unauthorized connection
Recall that in August of last month, representatives of the Electricity Company of Ghana (ECG) discovered that the DE ICON event center was using an illegal connection or meter bypass to operate.
On Monday, August 8, 2022, when ECG representatives arrived at the location, they found that electrical systems, including air conditioners, refrigerators, and other appliances, were running without permission. The facility’s power plant was shut down, but there was no backup power available.
A rough estimate of the facility’s power consumption is put at around GH 40,000, according to Ing. Ishmael Oku, manager in charge of revenue protection and technical investigations at the ECG.
A notification of an illegal connection will be sent to the facility’s owners, he said, and an investigation will be conducted.
The meter on the property includes household billing as well, but it is being used for business. We would look into this to learn how they acquired this meter, he continued.
The GRA has been investigating two Chinese companies for failing to provide consumers in Okaishie, Accra, with VAT invoices.
Zengsi Investment Company and Hua Feng Trading Company are two businesses that engage in the wholesale of women’s and kids’ shoes.
Mr. Joseph Adjeikwe Annan, the GRA’s Accra Central Area Enforcement Manager, oversaw the activity.