By Tiri Masawi
Windhoek – The newly-established Namibia Revenue Agency (NamRA) says it will descend heavily on mis-declaration of receipts by importers and exporters as the government gets tough on illicit financial flows.
NamRA Commissioner Sam Shivute this week said the agency had already detected a pattern where some importers were deliberately undervaluing or under-declaring prices, in the process depriving the country of much revenue.
“The Namibian Revenue Agency wishes to notify customs clearance agents, importers and exporters, transporters and the general public that we have identified a consistent pattern of undervaluing, miscalculation and non-declaration by customs clearing agents , importers and exporters .These illegal practices deprives our country of the much needed revenue and will not be tolerated,” Commissioner Shivute said.
He said anyone caught trying to fleece the government of income would be prosecuted to the full extent of the law.
“Customs clearing agents, importers, exporters and members of the public are encouraged to comply with the country’s tax and customs laws,” he added.
The NamRA boss said the agency was encouraging voluntary tax compliance as part of its efforts improve revenue collection and plug leakages.
Namibia subscribes to the Southern African Customs Union (SACU) customs modernisation exercise, which is meant to improve the flow of goods and revenues across borders. The other members of SACU are Botswana, Eswatini, Lesotho and South Africa.
This year, the Namibian Government said the customs modernisation exercise was essential for harmonisation of the systems of the SACU’s revenue collection.