TRA's Official, Mr Toans Silvanus told East African Business Week in Musoma last week that the factory failed to pay the one year debt.
'The factory has been constantly reminded to pay income, letters have been written to them without fruition," Silvanus said.
Silvanus said that the industry has been given an ultimatum of ten days so that the firm could pay the amount.
"We decided to give the firm ten days so that the firm could pay the amount, he said, adding that failure to do so would result into selling of property owned by the factory."
He said that they decided to lock the door and gates of the factory, forcing it to suspend its operations. He added that the decision on the ultimatum was reached so that the management could avoid taking away the factory's assets.
According to him, before reaching the decision, TRA through Majembe Auction mart, issued demand notice, a remainder notice that required the factory to pay the debts without coercion but nothing happened.
He said that they issued a warrant for distress but the factory management refused to sign it. TRA discovered that the factory has no money in its bank account.
Prime Catch Export Ltd is located in Mara (Musoma), Tanzania. It is working in overseas business, import and export agents business activities.
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