• Live Radio
  • Videos
  • About
  • Contact
  • Despite Media
Ghana Election 2020
  • Home
  • Local News
  • Politics
  • Showbiz
  • Sports
  • Business
  • Opinion
  • VIDEOS
  • Media
    • Videos
    • Audio
    • Live Radio
    • Photos
  • Election 2020
Local News
 
 
 
Home Business Business News 201302

Takoradi VAT Service Seals Off Six Companies

27-Feb-2013
/ Business News, Business
Email
Print
Comments 0
(0)
Comments
Share on Facebook Share on Twitter
 

Domestic Tax Division of the Ghana Revenue Authority on Monday closed down Newstar Subseci and Dupaul Wood Company for owing Value Added Tax (VAT) amounting to GHC 761,922 and GHC41, 282 respectively to the state.

Some industrial, commercial, hospitality and service providers had failed to pay VAT returns collected by such businesses over a two-year period in the Western Region.

They included Dupaul, Seaweld, Mea Catering, Newstar Subseci, Frank Motors, and Isaac Electricals, which owe VAT service more than GHC1. 2 million.

Mr. Abieku Cudjoe, acting Assistant Commissioner of the Medium Tax Payer Office, told the Ghana News Agency in Takoradi that Seaweld Engineering Company made part payment of GHC 17, 000 and promised to pay the rest by the end of March.

He said revenue agencies were now alive to their duty, adding that �registered businesses have no duty keeping monies collected on the companies� behalf�.

Mr Cudjoe appealed to businesses and revenue authorities to harness resources for national development, and advised consumers to always insist on VAT receipt.

Source: GNA

 

 
 

 

Comments ( 0 ): Post Your Comments >>

Disclaimer: Opinions expressed here are those of the writers and do not reflect those of Peacefmonline.com. Peacefmonline.com accepts no responsibility legal or otherwise for their accuracy of content. Please report any inappropriate content to us, and we will evaluate it as a matter of priority.
Featured Video
Previous Post

Government Urged To Strengthen NLC, Others To Exercise Mandate

Next Post

MP Denies Being Swindled

 
 

More Stories

AGI Urges Government To Incentivize Production
Understand The Nature Of Assets Before Investing – George Allotey
Investing With Purpose: A Guide To Aligning Investment Objectives With Financial Goals
Leverage Microfinance Wins 'Microfinance Company Of The Year, 2022' At The 4th Ghana Credit Excellence Awards
Absa Bank's 10% SME Loan Makes Big Impact With GHS100 Million In Funding
GACL Is ‘Best ERM Compliant Institution’ 2023
Jospong Rice Project: Jospong Group Signs Agreement With EGTA Investment Of Nigeria
NDC Promises Higher Cocoa Prices, Free Fertilizers, Free Sprays, and Improved Roads - Ato Forson Assures Cocoa Farmers
Unlocking Business Potential For Agribusinesses: Insights From Joseph Amo Adjei
Next Post

MP Denies Being Swindled

  Ghana Business News

  • General News
  • Economy
  • Banking & Finance
  • Stock Market
  • Industry/Manufacturing


 
 

Other Business News Stories

  • AGI Urges Government To Incentivize Production

  • Understand The Nature Of Assets Before Investing – George Allotey

  • Investing With Purpose: A Guide To Aligning Investment Objectives With Financial Goals

  • Leverage Microfinance Wins 'Microfinance Company Of The Year, 2022' At The 4th Ghana Credit Excellence Awards

  • Absa Bank's 10% SME Loan Makes Big Impact With GHS100 Million In Funding

  • GACL Is ‘Best ERM Compliant Institution’ 2023

  • Jospong Rice Project: Jospong Group Signs Agreement With EGTA Investment Of Nigeria

  • NDC Promises Higher Cocoa Prices, Free Fertilizers, Free Sprays, and Improved Roads - Ato Forson Assures Cocoa Farmers

  • Unlocking Business Potential For Agribusinesses: Insights From Joseph Amo Adjei

  • Absa Group CEO Reaffirms Commitment To Its Ghana Operations

 

 
 

Popular Videos

Peace Power Sports (19/09/2023)

Peace Power Sports (18/09/2023)

Kokrokoo Live On Peace 104.3 FM (18/09/2023)

Kokrokoo Live On Peace 104.3 FM (18/09/2023)

Kokrokoo Discussion Segment On Peace 104.3 FM (19/09/2023)

GHANA MONTIE WITH MAC JERRY OSEI AGYEMAN on NEAT 100.9 FM (TUESDAY 19-09-23)

Peace FM Online and Despite Media

peacefmonline.com offers its reading audience with a comprehensive online source for up-to-the-minute news about politics, business, entertainment and other issues in Ghana

Follow us on social media:

Category

  • Home
  • Local News
  • Politics
  • Showbiz
  • Sports
  • Business
  • Opinion
  • Trivia
  • Foreign
  • Audio
  • Photos
  • Videos
  • Elections
Decision Time
Ghana Election 2020 2016 Elections
Services
Live Radio Audio on Demand Ghana Elections Advertise with Us
Useful Links
Despite Media About Us Contact Us Feedback Form Terms and Conditions Privacy
Our Brands
Despite Media UTV Peace FM Okay FM Hello FM Neat FM Peacefmonline
  • About
  • Advertise
  • Terms & Conditions
  • Contact
  • Privacy

© 2020 Peacefmonline.com - An online portal owned and managed by Despite Media

  • Home
  • Local News
  • Politics
  • Showbiz
  • Sports
  • Business
  • Articles
  • Trivia
  • Foreign
  • Live Radio
  • Photos
  • Videos
  • Audio
  • Election 2020

© 2020 Peacefmonline.com - An online portal owned and managed by Despite Media