URA LAUNCHES A COUNTRYWIDE SUPERMARKET MONITOR
Written by admin on November 1, 2021
The Uganda Revenue Authority has today lunched the country wide exercise to monitor non-issuance of electronic reciepts and e-invoices plus incorrect supply of goods without digital stamps.
Paddy Ochieng the manager domestic tax operations central region at URA says the exercise is targeting supermarkets both in Kampala and the country at large .
In 2019, and 2021, URA introduced the administrative solution of Digital Tax Solution/Stamps (DTS) and Electronic Fiscal Receipting and Invoicing Solution (EFRIS) respectively, all aimed at improving business efficiency and good survive delivery.
As a requirement, Ochieng said that all VAT registered taxpayers were required to issue e-invoices and e-receipts for all their business transactions through EFRIS in real time and all gazetted products have to bear a digital tax stamp.
The targeted products are bottled water, soda, beer, wines, spirits, cigarettes, sugar and cement.
However, since the introduction of EFRIS and DTS, Achieng explains, there has been continued supply of goods and services by VAT registered taxpayers without issuing e-invoices e-receipts and a number of businesses are still in possession of unstamped products.
This prompted the Authority to enforce in this areas of need.
Achieng says that the public should only purchase the gazetted products that have a digital tax stamp and also demand their e-receipts or e-invoices to avoid any inconveniences and to be acted upon with the law.
