The Government has taken aim at businesses, especially in the retail trade, which it claims are using pieces of paper as customer receipts in order to avoid the general consumption tax (GCT).
Finance Minister Audley Shaw, who made the charge, said the emerging practice where super-markets, haberdasheries and other companies enter into “straight cash” transactions with customers is one of the reasons the GCT revenue is underperforming.
“Receipts are being written on a little piece of paper. No GCT, that sort of ...
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