{"id":223124,"date":"2016-06-17T09:16:13","date_gmt":"2016-06-17T09:16:13","guid":{"rendered":"http:\/\/citifmonline.com\/?p=223124"},"modified":"2016-06-17T09:16:13","modified_gmt":"2016-06-17T09:16:13","slug":"gra-shuts-down-printing-company-for-owing-ghs440000-in-vat","status":"publish","type":"post","link":"https:\/\/citifmonline.com\/2016\/06\/gra-shuts-down-printing-company-for-owing-ghs440000-in-vat\/","title":{"rendered":"GRA shuts down printing company for owing GH\u00a2440,000 in VAT"},"content":{"rendered":"<p>The Special Revenue Mobilization Task force of the Ghana Revenue Authority (GRA) has shut down the Mork Impression Limited located in Mamprobi in Accra.<\/p>\n<p>According to the GRA, its investigations revealed that the company had over declared its input taxes which eventually reduced its VAT returns.<\/p>\n<p>The GRA indicated that the company\u2019s VAT and NHIL returns had declined by GH\u00a2441,101.80.<\/p>\n<p><img loading=\"lazy\" class=\"aligncenter wp-image-57948 size-full\" src=\"http:\/\/citibusinessnews.com\/wp-content\/uploads\/2016\/06\/mork-1.jpg\" alt=\"mork 1\" width=\"600\" height=\"338\" \/><\/p>\n<p>A notice of levy of distress under Section 34 (2) of the VAT Act 1998 and Schedule 6 of the Income Tax Act 2013 (870) and Schedule 7 of the Income Tax Act 2015 (896) ordered the mobilization unit to \u201ccollect and recover the sum of 441,101.80 due and owing for tax\/penalty\/interest from Mork Impression Limited, tax debtor of Accra and for the recovery of this sum.\u201d<\/p>\n<p><img loading=\"lazy\" class=\"aligncenter wp-image-57949 size-full\" src=\"http:\/\/citibusinessnews.com\/wp-content\/uploads\/2016\/06\/mork-2.jpg\" alt=\"\" width=\"600\" height=\"338\" \/><\/p>\n<p>It added, \u201cI authorize you with the aid if necessary of the police, to levy this sum forthwith by distress together with the expenses, costs and charges of and incidental to the execution of this warrant and keeping of the distress on all distrainable things.\u201d<\/p>\n<p><img loading=\"lazy\" class=\"aligncenter wp-image-57958 size-full\" src=\"http:\/\/citibusinessnews.com\/wp-content\/uploads\/2016\/06\/mork-4.jpg\" alt=\"mork 4\" width=\"600\" height=\"338\" \/><\/p>\n<p><strong>Implication<\/strong><\/p>\n<p>The implication for the company as prescribed by the law is a possible sale of the properties that have been distrained.<\/p>\n<p>Section 34 (7) of Act (546) and Schedule 6 of VAT Act 2013 Act 870 and Schedule 7 of Income Tax Act 2015 (Act 896) on distress levies states that, \u201call distrainable things and that the property distrained may be sold if the amount due in respect of the tax, interest or penalties and the cost and charges of and incidental to the distress are not paid within fourteen days of the distress.\u201d<\/p>\n<p>&#8211;<\/p>\n<p>By: Pius Amihere Eduku\/citibusinessnews.com\/Ghana<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Special Revenue Mobilization Task force of the Ghana Revenue Authority (GRA) has shut down the Mork Impression Limited located in Mamprobi in Accra. According to the GRA, its investigations revealed that the company had over declared its input taxes which eventually reduced its VAT returns. The GRA indicated that the company\u2019s VAT and NHIL [&hellip;]<\/p>\n","protected":false},"author":14,"featured_media":223133,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[32,171,11],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>GRA shuts down printing company for owing GH\u00a2440,000 in VAT - Citi 97.3 FM - Relevant Radio. Always<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/citifmonline.com\/2016\/06\/gra-shuts-down-printing-company-for-owing-ghs440000-in-vat\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"GRA shuts down printing company for owing GH\u00a2440,000 in VAT - Citi 97.3 FM - Relevant Radio. Always\" \/>\n<meta property=\"og:description\" content=\"The Special Revenue Mobilization Task force of the Ghana Revenue Authority (GRA) has shut down the Mork Impression Limited located in Mamprobi in Accra. According to the GRA, its investigations revealed that the company had over declared its input taxes which eventually reduced its VAT returns. The GRA indicated that the company\u2019s VAT and NHIL [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/citifmonline.com\/2016\/06\/gra-shuts-down-printing-company-for-owing-ghs440000-in-vat\/\" \/>\n<meta property=\"og:site_name\" content=\"Citi 97.3 FM - Relevant Radio. Always\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/citi97.3\" \/>\n<meta property=\"article:published_time\" content=\"2016-06-17T09:16:13+00:00\" \/>\n<meta name=\"author\" content=\"Kojo Akoto Boateng\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@citi973\" \/>\n<meta name=\"twitter:site\" content=\"@citi973\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Kojo Akoto Boateng\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/citifmonline.com\/2016\/06\/gra-shuts-down-printing-company-for-owing-ghs440000-in-vat\/\",\"url\":\"https:\/\/citifmonline.com\/2016\/06\/gra-shuts-down-printing-company-for-owing-ghs440000-in-vat\/\",\"name\":\"GRA shuts down printing company for owing GH\u00a2440,000 in VAT - Citi 97.3 FM - Relevant Radio. Always\",\"isPartOf\":{\"@id\":\"https:\/\/citifmonline.com\/#website\"},\"datePublished\":\"2016-06-17T09:16:13+00:00\",\"dateModified\":\"2016-06-17T09:16:13+00:00\",\"author\":{\"@id\":\"https:\/\/citifmonline.com\/#\/schema\/person\/1642ef473fe39bf0c4e2f2f252678eb1\"},\"breadcrumb\":{\"@id\":\"https:\/\/citifmonline.com\/2016\/06\/gra-shuts-down-printing-company-for-owing-ghs440000-in-vat\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/citifmonline.com\/2016\/06\/gra-shuts-down-printing-company-for-owing-ghs440000-in-vat\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/citifmonline.com\/2016\/06\/gra-shuts-down-printing-company-for-owing-ghs440000-in-vat\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/citifmonline.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"GRA shuts down printing company for owing GH\u00a2440,000 in VAT\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/citifmonline.com\/#website\",\"url\":\"https:\/\/citifmonline.com\/\",\"name\":\"Citi 97.3 FM - Relevant Radio. Always\",\"description\":\"Ghana News | Ghana Politics | Ghana Soccer | Ghana Showbiz\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/citifmonline.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/citifmonline.com\/#\/schema\/person\/1642ef473fe39bf0c4e2f2f252678eb1\",\"name\":\"Kojo Akoto Boateng\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/citifmonline.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/ba51f5385119e83762c67ecd6aa410ab?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/ba51f5385119e83762c67ecd6aa410ab?s=96&d=mm&r=g\",\"caption\":\"Kojo Akoto Boateng\"},\"url\":\"https:\/\/citifmonline.com\/author\/kojo\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"GRA shuts down printing company for owing GH\u00a2440,000 in VAT - Citi 97.3 FM - Relevant Radio. Always","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/citifmonline.com\/2016\/06\/gra-shuts-down-printing-company-for-owing-ghs440000-in-vat\/","og_locale":"en_US","og_type":"article","og_title":"GRA shuts down printing company for owing GH\u00a2440,000 in VAT - Citi 97.3 FM - Relevant Radio. Always","og_description":"The Special Revenue Mobilization Task force of the Ghana Revenue Authority (GRA) has shut down the Mork Impression Limited located in Mamprobi in Accra. According to the GRA, its investigations revealed that the company had over declared its input taxes which eventually reduced its VAT returns. The GRA indicated that the company\u2019s VAT and NHIL [&hellip;]","og_url":"https:\/\/citifmonline.com\/2016\/06\/gra-shuts-down-printing-company-for-owing-ghs440000-in-vat\/","og_site_name":"Citi 97.3 FM - Relevant Radio. Always","article_publisher":"https:\/\/www.facebook.com\/citi97.3","article_published_time":"2016-06-17T09:16:13+00:00","author":"Kojo Akoto Boateng","twitter_card":"summary_large_image","twitter_creator":"@citi973","twitter_site":"@citi973","twitter_misc":{"Written by":"Kojo Akoto Boateng","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/citifmonline.com\/2016\/06\/gra-shuts-down-printing-company-for-owing-ghs440000-in-vat\/","url":"https:\/\/citifmonline.com\/2016\/06\/gra-shuts-down-printing-company-for-owing-ghs440000-in-vat\/","name":"GRA shuts down printing company for owing GH\u00a2440,000 in VAT - Citi 97.3 FM - Relevant Radio. Always","isPartOf":{"@id":"https:\/\/citifmonline.com\/#website"},"datePublished":"2016-06-17T09:16:13+00:00","dateModified":"2016-06-17T09:16:13+00:00","author":{"@id":"https:\/\/citifmonline.com\/#\/schema\/person\/1642ef473fe39bf0c4e2f2f252678eb1"},"breadcrumb":{"@id":"https:\/\/citifmonline.com\/2016\/06\/gra-shuts-down-printing-company-for-owing-ghs440000-in-vat\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/citifmonline.com\/2016\/06\/gra-shuts-down-printing-company-for-owing-ghs440000-in-vat\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/citifmonline.com\/2016\/06\/gra-shuts-down-printing-company-for-owing-ghs440000-in-vat\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/citifmonline.com\/"},{"@type":"ListItem","position":2,"name":"GRA shuts down printing company for owing GH\u00a2440,000 in VAT"}]},{"@type":"WebSite","@id":"https:\/\/citifmonline.com\/#website","url":"https:\/\/citifmonline.com\/","name":"Citi 97.3 FM - Relevant Radio. Always","description":"Ghana News | Ghana Politics | Ghana Soccer | Ghana Showbiz","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/citifmonline.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/citifmonline.com\/#\/schema\/person\/1642ef473fe39bf0c4e2f2f252678eb1","name":"Kojo Akoto Boateng","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/citifmonline.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/ba51f5385119e83762c67ecd6aa410ab?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/ba51f5385119e83762c67ecd6aa410ab?s=96&d=mm&r=g","caption":"Kojo Akoto Boateng"},"url":"https:\/\/citifmonline.com\/author\/kojo\/"}]}},"_links":{"self":[{"href":"https:\/\/citifmonline.com\/wp-json\/wp\/v2\/posts\/223124"}],"collection":[{"href":"https:\/\/citifmonline.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/citifmonline.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/wp-json\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/wp-json\/wp\/v2\/comments?post=223124"}],"version-history":[{"count":0,"href":"https:\/\/citifmonline.com\/wp-json\/wp\/v2\/posts\/223124\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/wp-json\/wp\/v2\/media\/223133"}],"wp:attachment":[{"href":"https:\/\/citifmonline.com\/wp-json\/wp\/v2\/media?parent=223124"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/citifmonline.com\/wp-json\/wp\/v2\/categories?post=223124"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/citifmonline.com\/wp-json\/wp\/v2\/tags?post=223124"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}