Rwanda Revenue Authority (RRA) has named 25 companies suspected of issuing fake tax invoices with an intention of evading VAT some of which are Electronic Billing Machines generated.
The said 25 companies have so far issued 700 fake invoices worth Rwf 38 billion with accruing VAT of Rwf 6.8 billion.
The Deputy Commissioner of RRA, Bizimana Ruganintwari Pascal has told the media that such people using fake invoices which are not released by Electronic Billing Machines will not be tolerated.
Bizimana explained that they have released the list so that whoever dealt with them realize cannot claim VAT refund.
Today Rwanda has 17,230 registered VAT payers of who 13,867 offer invoices using Electronic Billing Machines.