Don’t risk your business in ‘panya’ routes –TRA


TRADERS in Kagera region have been asked to abide by the law in doing business, reminded that using unauthorized entries ‘Panya Routes; to import and export goods will put their capitals at risk.

Speaking with a business community in Kagera’s capital Bukoba, the TRA Commissioner General Alphayo Kidata said: “All Goods that are found in unauthorized entries will be confiscated.”

He added: “Using unauthorized entries means the trader is involved in black market to avoid paying taxes, thus denying revenues to the government.”

The Taxman named goods that are most involved in black market as spirits, cement and edible oils.

Kidata asked the traders to pay out revenues in a willingly manner, without waiting to be forced.

He also reminded them to be competent in keeping records of their businesses, so as to enable TRA officers to set right estimations upon their businesses.

The CG has emphasized to traders on proper use of Electronic Fiscal Device (EFD) for efficient management control, contrary to that, a person may be fined Tsh three million and imprisonment, or both.

“If an EFD is not functioning well, it should be reported, so that it is issued with another one,” he said.

The Tanzania Chamber of Commerce, Industries and Agriculture (TCCIA) Chairman for Kagera Region Ladslaus Gerald admits:  “It is true that there are some traders who are not honest, and involving themselves into black market hence makes the government to love revenues.”

Kagera Regional Commissioner, Major General Charles Mbuge has assured the TRA Commissioner General, that the regional authorities will do everything in their full capacity to see if the government taxes are collected accordingly.