Ramathan Goobi - PSST {Photo credit - file} By Jose Kabale The Permanent Secretary, also Secretary to the Treasury Ramathan Goobi has assured the traders that the Electronic Fiscal Receipting and Invoicing Solution (EFRIS) is not about to be suspended because it's legal. Goobi said this during the media brief of the state of economy and the fourth quarter expenditure release for the financial year 2023/2024 at the Ministry of Finance, Planning and Economic Development conference hall in Kampala today. Last Monday, business activities in downtown Kampala, particularly in the Kikuubo hub, were disrupted as some traders opted to close their shops in protest over various concerns regarding business concerns that include issues with tax policy and administration, particularly the 18 % VAT imposed on every sold commodity and the enforcement of the electronic Fiscal Receipting and Invoicing Solution (EFRIS), which traders allege it lacks sufficient sensitization among the business commun...
Fast, Exclusive, Authentic and Detailed!