Business

Court order GST submission from two local corporations

Civil Court has ordered to submit the outstanding GST amounts along with the subjected fines from two local corporations.

Get Fat Investment Private Limited and Two Company Private Limited were ordered by Civil Court to settle these outstanding amounts at Maldives Inland Revenue Authority (MIRA).

The former has an accumulated taxation fine of MVR 196,498 which needs to be settled within a one-month period while the latter has a whopping MVR 1,059,891.98 accumulated as fine which, according to Civil Court must be settled to tax authority within two months.

MIRA has confirmed the authority has filed claim cases relating to 9 different companies.