Spice Diana's Ambasadorial Yaket International Closed by URA, Looses 1.9 Billion Shillings

Posted on Apr 14, 2020
By Sean Musa Carter
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Finance & Business

URA Domestic Taxes Enforcement Unit has impounded goods of Yaket International Limited worth 1.9Billion, a water bottling company represented by Spice Diana for evading taxes.

According to the officials, Yaket has been releasing goods without digital stamps and now they have raided Yaket International Limited, the manufacturers of Yaket Mineral Water and found the company producing and packaging unstamped water at their premises in Gayaza, a Kampala suburb.

Consequently, officials impounded goods that were found on trucks and in the stores. They are worth Shs1.9 billion with tax approximated at Shs569 million.

“The enforcement team also established that the factory was running two production lines churning out unstamped bottled water while two trucks were found on the road conveying unstamped water from the factory,” URA said in a statement.

“Seven trucks were also found loading unstamped water for distribution to the market.”- According to URA, the company’s stock room contained unstamped water.

The company failed to provide documents required to be maintained by a VAT registered taxpayer manufacturing excisable product and the Excise Registration Certificate.

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