Finance Opens Revenue Post near Kakata
Posted June 7, 2004
The Finance Ministry has announced the erection of a new Custom Port of Entry by the Bureau of Customs on the outskirt of Kakata, Margibi County.
A Finance Ministry release said the erection of the new custom port of entry is intended to stamp out the current wave of smuggling of goods by unscrupulous business people in the country.
The Ministry is warning the business community, especially individuals engaged in cross border trade to cooperate with custom personnel deployed at the new port of entry as they are under strict instruction to combat smuggling and the evasion of taxes by unscrupulous business people.
Meanwhile, the Ministry says the management of the Big Town Cell Company has deposited US$8,500 into government revenue as fine and penalty.
The release said the amount deposited into government revenue represents custom duties for the excess of 495-undeclared cell phones recently imported into the country.