Independent Authority

Excise officials shut down gas station for two years over adulterated fuel

Excise officials have ordered a gas station to close for two years after finding it was selling adulterated fuel and had an illegal storage tank.

In a statement, the Independent Authority for Public Revenue (AADE) said that during an on-site inspection, its officers found a parked tanker which was about to deliver fuel to the filling station's tanks.

Mobile app for invoice issue

Taxpayers and businesses will be able to issue invoices and consignment notes through their cellphones, while at the same time they will be able to make tax payments.

Essentially, the company's accounting will be in an app designed by the Independent Authority for Public Revenue (AADE), which will be activated within the year.

Stricter penalties for non-use of POS

The Economy and Finance Ministry on Thursday submitted a provision to parliament which aims to increase fines and impose sanctions against business that have yet to install POS terminals linked to cash registers.

The plan also foresees fines for providers of POS terminals and cash registries who do not comply with the law.

Rewarding debtors who pay

The tax administration intends to reward debtors who are consistent with the payment of dues to the state, and to establish new criteria and simpler procedures for granting evidence of tax awareness and debt certificates.

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