The Assistant Commissioner of National Revenue Authority (NRA) in charge of Goods and Services Tax (GST) Alfred Akibo- Betts has disclosed that they have collected Le40 billion from GST in the first quarter of this year which made them meet their target.
He said about 70 percent of registered businesses have complied with them and still they are appealing to the rest to meet their demands.
Mr Akibo- Betts explained that what the companies collected in January was paid by the end of February and that was the same for February that was paid In March.
“What we have collected so far makes me happy because we reached our target and we will continue to work assiduously to help the government in achieving its aims and objectives” he said.
He appealed to those who have failed to send in their returns to do it now as they have already contacted them by reminding them that there is a penalty that would be imposed if they fail to meet the deadline.
He stressed that many businesses are not issuing receipts and they are telling customers that if they want receipts the price would be higher. This he categorically said is not correct because the price without the receipt contains the GST.
“Because they don’t want to pay the GST tax that is why they are giving such excuses to the customers”
Mr Akibo- Betts said customers need to help them because they would not be everywhere at the same time, as government needs the funds to run the country effectively for us all to benefit.
He explained that there are two GST taxes; the first one is the GST on imported goods paid at the port and the GST for customers that are paid when we buy goods from the shop.
He said they are happy for what they have done since the beginning of the year and they will be meeting with GST registered businesses in the next two to three weeks to continue their dialogue in making it easier to operate and to explain more to them why they should support the GST. By Austin Thomas