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Home Business Business News

MRA registers 10 000 EFDs users—Mbilizi

by John Chirwa
14/09/2016
in Business News, Editors Pick
2 min read
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Malawi Revenue Authority (MRA) has registered 10 000 traders in the implementation of the electronic fiscal devices (EFDs), machines used to enhance collection of value added tax (VAT).

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MRA deputy commissioner general Roza Mbilizi said this in Mzuzu last week during the launch of Lisiti Langa EFD Campaign, a project that aims at raising awareness on VAT compliance through acquisition, installation and use of EFDs by VAT registered taxpayers.

Mbilizi: Demand EFD receipt
Mbilizi: Demand EFD receipt

She said the registered traders are using EFDs since last year when MRA launched the machines.

Said Mbilizi: “The authority is continuing with enforcement for both acquisition and usage of the machines. We are employing several strategies to enforce compliance, including surveillance, observations and consumers’ interceptions.

“But one strategy that can ensure that we reap the fruits we all expect from this project is consumer awareness and action. We need all consumers in Malawi to demand an EFD machine-generated receipt every time they purchase goods.”

Before the machines were introduced, MRA faced challenges in the collection of VAT. These included non-issuance of sales receipts by traders so that VAT collected was not remitted to government, little demand of sales receipts and non-reporting on non-issuance of receipts by customers.

MRA also observed that traders were maintaining parallel invoice books—one for their true sales and the other for declaration to MRA, suppressing sales, claiming false input VAT to get VAT refunds from MRA which they do not deserve.

Mzuzu City mayor William Mkandawire, who was guest of honour, said the city council has a role in sensitising the residents to demand EFD receipts.

The campaign launch started with a big walk from Mzuzu Shoprite Car Park round the Bus Depot and Main Market to Taifa Ground.

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