MRA gives out K25 million in Kuiphula campaign
The Malawi Revenue Authority (MRA) has said it has so far given out a total of K25 million in its Electronic Fiscal Devices (EFD) campaign branded Kuiphula ndi Lisiti Langa.
MRA Head of Corporate Affairs Steven Kapoloma was speaking in an interview on Friday as the campaign, which resumed on March 1, winds up today.
Kapoloma said a total of 600 consumers, who were not issued receipts by traders, claimed K40, 000 each from the tax collector.
He said the objective of the campaign is to encourage VAT-registered traders to issue EFD receipts all the time.
Kapoloma said, 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 EFD receipts for every sale.
“Kuiphula ndi Lisiti Langa has been a success. We have seen businesses taking extra steps in ensuring that they comply with the law.
“On the other hand, the campaign has helped consumers on the need to demand receipts whenever they make purchases,” Kapoloma said.
Under Section 46 of VAT Act, it is an offence for VAT-registered traders to fail to issue an EFD receipt. The offence attracts a penalty of K500, 000.
Kapoloma said MRA management would sit down an review the effectiveness of the campaign to decide whether to extend it or not.
