The Malawi Revenue Authority (MRA) has resolved to sell over 300 overstayed motor vehicles and other items being kept at its premises across the country.
The vehicles and goods considered to have overstayed will be disposed of or sell by public auction next month (May).
MRA Head of Corporate Affairs, Steven Kapoloma said the Customs and Excise Act empowers the Authority to sell items if not cleared with 30 days.
“It is true that we have over 300 vehicles in our borders stations [Songwe, Mchinji, Mwanza and Inland Ports]. These vehicles have overstayed in our borders for more than six months and some of them have been at our backyard for over one year.
“The Customs and Excise Act mandates MRA to sell any vehicle through public auction that has been cleared within a month. All these vehicles that will be up for auction have overstayed at our borders for six months, even a year, which means have they have gone beyond the legal requirement for us to auction them,” said Kapoloma.
He, however, indicated that owners can always go to MRA offices and commence process of clearing their motor vehicles before the auction.
“Before we sell, these transactions are gazetted…they are made into law, so the ownership of the vehicle transfers to MRA and the Authority becomes legal owner of the vehicles and then dispose of through public auction,” said Kapoloma.
Meanwhile, the Authority has penalized over 500 taxpayers across the country over non-issuance of Electronic Fiscal Device (EFD) receipts.
Valued Added Tax (VAT) defaulters have been fined K500 000 each since the resumption of Kuiphula ndi lisiti langa promotion last month.
The Authority has disbursed over K20 million in cash prizes to buyers for reporting VAT defaulters to the tax collecting body.
The campaign’s focus is to have the general public rewarded for enforcing issuance fiscal receipts.
It encourages buyers to always demand EFD generated receipts because non-issuance of such leads to losses to VAT.
Through the campaign, MRA seeks to raise awareness among buyers on the importance of demanding an EFD receipt and remind VAT registered businesses of their obligations to issue receipts for every sale.
MRA is responsible for assessment, collection and accounting for taxes and operates as a government tax administration agency under the Ministry of Finance.