In a bid to fight tax fraud, URA’s long arm has now caught up with Indian bosses at Hoima’s Kingstar General Hardware. Following intelligence reports about continuous issuance and selling of fictitious invoices to different companies by Sohil Kumar and Amarshibhai Andani, both directors of Kingstar General Hardware Limited, Hoima, they were arrested. Reports verified
By Our Reporter Three Indians who are directors of Wellex Hardware Limited led by Jigar Chandarana were convicted by the Anti-Corruption Court in Kololo for generating and selling fictitious invoices. They were convicted on 5 counts of making false statements to a tax officer contrary to Section 58(1) (a) of the Tax Procedures Code Act,
The business community in Masindi has expressed concern at the high taxes levied against them by the Uganda Revenue Authority. They argue that the authority makes excessive assessments, which.
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