Members of the National Association of Sachet and Packaged Water Producers have threatened to shut down their production should the enforcement of the Tax Stamp Law impact negatively on their operations.
They said the current frustration was due to the fact that members had not been able to acquire the tax affixing machines as of the eve of the enforcement of the Tax Stamp law.
A statement issued by the Association’s National Executive Committee in Accra, on Wednesday, said it had been confirmed that none of their member companies had been able to acquire the tax affixing machines at the moment.
It said members were also not in the position to acquire the machines, and, therefore, resolved at an earlier meeting in the day, that producers could access the government tax affixing machine at the Tema Port, in the interim.
The statement said it was envisaged, however, that this would cause great inconveniences to producers, and could impact adversely on their productivity.
It said it was, therefore, agreed to reschedule a meeting for all bottled water companies on Monday, March 5, 2018, to assess the impact of the current situation on their businesses and decide on a possible shutdown if found necessary.
Source: GNA
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The history behind the tax stamp is not something to be encouraged. It was introduced as an oppressive means to monopolize trade in the North America after the American war 16 and 1700 era. British troops about 10,000 that were left there had to be catered for hence its introduction. There are many ways to check smuggling and under declaration without Tax stamp. Which countries are using the tax stamp and what is the impact on their economy?
pay tax oooo, pay tax.
So govt should wait for you until whenever you decide to affix it right? You have had all the time to find a solution but have refused because you don't want to be exposed for under-declaring your revenues and denying the state the needed income
the answer to yor problem is not to shut down. think of ways to get the machine, for example, you could ask to be given time or ask govet to procure for you to pay later. u must not be seen to be duping the state
Let them shut down. We are tired of these. ' We will not vote for you, we will go on demonstration, we will not do this or that'. WE are tired! The companies are afraid that the gov is going to EXPOSE them BIG TIME as cheaters over the years. Can the average Ghanaian think out site the BOX? If you do not have the so-called machines to fix the tax stamps, how long should Ghana wait for you to do it. When did the gov tell you about the fixing of the tax stamp on you products? What have you done since then? Can't to ask the gov to bring some more national service people to argument your staff who package the water bottles and fix the tax stamps. SABOTEURS!