Categories: Editor's Picks

ZRA unearths alcohol scam involving K2.6 million

• ZRA intercepted two trucks in Kazungula carrying 1,202 cases of assorted alcoholic drinks.
• 11 loose bottles were concealed under coal fines.
• The seized items could have led to a loss of over K2.6 million if not intercepted.

Zambia Revenue Authority (ZRA) says it has unearthed a scam used by importers to smuggle alcohol into the country by concealing it under coal.
Authority Acting Corporate Communications Manager Oliver Nzala told Money FM News that the discovery comes after ZRA intercepted two trucks in Kazungula district, Southern province carrying 1,202 cases of assorted alcoholic drinks, with 11 loose bottles concealed under coal fines.
Mr. Nzala stated that if not intercepted, the seized items could have led to a loss of over K2.6 million.
“The respective trucks had Customs clearance documents pertaining to consignments of coal fines, which was visible on first sight, but no declaration was raised for the concealed alcohol. An alert ZRA Customs officer took interest in verifying that the truck was indeed carrying coal only but discovered that there was more than what was declared.”
“It is apparent that this is an alternative mode of concealment which was being used to bring in high value/ dutiable goods such as alcoholic beverages as the vessels often carry bulk coal from Hwange, Zimbabwe. ZRA, in collaboration with other government agencies, continues to be vigilant to curb smuggling of goods and prevent other economic crimes,” Mr. Nzala said.
He encouraged tax payers to pay their taxes and remain compliant with tax laws in order to avoid punitive enforcement measures including prosecution and forfeiture of goods as smuggling is a serious offence under the Customs & Excise Act.
“As an institution, our role is to facilitate legitimate trade and so we will continue to engage taxpayers and players in the business sector to ensure more compliance. We are available for consultation on importation of goods or any tax issues through our Call Centre line on 4111.”
“Besides depriving the Government of revenue for public investment and services, smuggling distorts market prices thereby robbing local businesses of fair competition. With time, this malpractice leads to the collapse of local industries,” he added.

More From Author

World Bank urges Zambia to capture other benefits beyond mining sector

• World Bank is committed to supporting African countries to translate Africa’s mineral wealth into…

Read More

Kwacha gains should benefit consumers – BuyZed

• This is to ensure that consumers begin to enjoy what is produced locally.• Manufactures…

Read More

SEC attributes decline in Q4 bond trades to delayed debt restructuring process

• One of the challenges is to do with the delays in finalizing the debt…

Read More

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

EAZ underscores urgency of addressing pressing economic issues ahead of Summit

  There is need to navigate the economic headwinds with determination, resilience, and a shared…

Read More

Mfuwe International Airport to be temporarily closed for rehabilitation

Mfuwe International Airport infrastructure has recorded marked deterioration. During the rehabilitation period which is expected…

Read More

ZICA calls for recruitment of registered accountants in Councils

Recruitment of registered accountants in local authorities will lead to significant improvements in financial management…

Read More