Smuggling suffocates cooking oil industry nyasatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nyasatimes.com Daily Mail and Mail on Sunday newspapers.
The Malawi Revenue Authority (MRA) has alleged that the dramatic increase in prices for edible cooking oil is a result of collusion among the producers in the country.
But the Edible Cooking Oil Association of Malawi (ECOAM) has dismissed the allegation, further challenging the Authority to provide evidence for its claim.
A senior official at the Authority on Sunday called
Nyasa Times expressing his disappointment with the way the local media is reporting on the contentious value added tax (VAT) on cooking oil.
The official, who sought anonymity, argued that contrary to the public view that the increase in prices of cooking oil was a result of the imposition of VAT on raw materials; the truth behind the hike is a collusion among the producers.
MRA alleges that Amwenye have conspired to con govt through increase of prices on cooking oil
By Watipaso Mzungu
The Malawi Revenue Authority (MRA) has alleged that the dramatic increase in prices for edible cooking oil is a result of collusion among the producers in the country.
But the Edible Cooking Oil Association of Malawi (ECOAM) has dismissed the allegation, further challenging the Authority to provide evidence for its claim.
A senior official at the Authority on Sunday called Nyasa Times expressing his disappointment with the way the local media is reporting on the contentious value added tax (VAT) on cooking oil.
Cooking oil companies threaten job cuts over 16 5 %VAT nyasatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nyasatimes.com Daily Mail and Mail on Sunday newspapers.