Rwanda Revenue Authority (RRA) has fined 31 traders a total of Rwf 18.1 million for misuse of the electronic billing system (EBM) or failing to pay tax returns.
In a statement signed by the Commissioner-General of RRA, Pascal Bizimana Ruganintwali, the tax body overtly released the names of these defaulters.
The document, released on June 13, 2022, indicated that 23 traders failed to comply with the use of EBM while eight traders’ evaded taxes.
Twenty-three traders didn’t comply with the use of EBM invoices, eight of whom were fined twice the value of evaded taxes.
One trader was fined (4) times the value of the evaded Value Added Tax, seven were penalized 10 times and the other 7 were fined 20 times.
One company was fined Rwf 4.4million for evading taxes 20 times; implying Rwf 221,186 Frw was misappropriated.
On the side of taxpayers, they issued invoices that did not match what the buyers paid from the shops. Five taxpayers were fined 10 times for misappropriation, and three were fined 20 times.
The electronic billing system (EBM) was launched in Rwanda in 2013.
The tax body has urged all customers to request an EBM receipt and to keep in mind that the payment amount made is equivalent to that printed on the receipt.
These traders are required to reconsider and use EBMs effectively to avoid severe penalties provided by law.
