The Zambia Revenue Authority (ZRA) has unearthed a scam in which over eight thousand heavy duty vehicles have been imported dubiously making government lose over 480 million Kwacha in taxes.
Speaking to the media in Lusaka today, ZRA Corporate Communications Manager Topsy Sikalinda disclosed that the heavy-duty vehicles were imported using Value Added Tax deferred facility for other taxpayers.
Mr. Sikalinda said it is unfortunate that as government wants to promote the manufacturing and other industries by deferring VAT, some people with ill intent are allegedly abusing the incentive.
He said after the revelation, ZRA has revoked 136 licences for clearing agents.
Mr. Sikalinda said the authority will tomorrow publish the names of revoked licenses and the registration numbers of the heavy-duty trucks that were imported dubiously.