THE Zimbabwe Revenue Authority (Zimra) has shut down a Chinese blanket manufacturing firm, Veleez, for circumventing their duty and tax obligations.
Chinese firms are reportedly dodging Zimra in paying duty by putting the wrong tariff codes, undervaluing goods, and understating the quantity of goods. Other tactics include not applying for import licences to bring in goods through the country’s borders.
Zimra officials visited Veleez which operates in the Southerton industrial area where they engaged a Mr Wang whom the workers from other businesses operating on the premises said was in charge of the company.
Wang then pretended not to speak English, although employees from other businesses operating at the premises had earlier told NewsDay he spoke and understood the language.
However, Wang’s actions baffled Zimra officials as he seemed to be busy on his phone the entire time before briefly talking to the tax collectors.
NewsDay witnessed the Zimra officials showing Wang a document believed to be the letter embargoing the blankets and closing Veleez operations before they left.
After the Zimra officials left, NewsDay approached Wang who then retreated into the factory, shutting the doors behind which he remained on his phone.
public.co.zw is Zimbabwe online notice board, we look all over the internet for zimbabwe latest news and interesting information that affects our everyday life and pin them here.An Elitepages Project