GRA gives Electrochem seven days to settle GH¢6.8m tax debt or face sanctions

The Ghana Revenue Authority (GRA) has given Electrochem Ghana Limited, a subsidiary of the McDan Group of Companies, a seven-day ultimatum to settle an outstanding tax liability of GH¢6.

Officials of Electrochem at the site appealed to the GRA enforcement team to exercise restraint, assuring them that the company was working to mobilise funds to settle the outstanding tax liability.

Speaking to the media after the exercise, the Accra Area Enforcement Manager of the GRA, Joseph Annan, said the Authority would be forced to restrict access to the entire mining facility if the company fails to honour its tax obligations within the seven-day period.