Business Daily | by Otiato Guguyu
French retailer Carrefour has sued the taxman for rejecting a Sh523 million VAT refund claim over inconsistency with filings from its suppliers under a new digital system.
The new system installed in October 2018 compares VAT returns by suppliers and buyers to curb the use of fake invoices or inflated refunds.
Carrefour owners, Majid Al Futtaim Hypermarkets Limited said they raised an objection over a year ago and supplied KRA with 11,000 invoices each month without getting a resolution even as…
