The Zakat, Tax and Customs Authority (ZATCA) conducted over 15,000 inspection visits during the past month of July, targeting markets and commercial shops in various regions and cities of the Kingdom of Saudi Arabia.
ZATCA explained that the visits carried out by its regulatory and inspection teams covered a number of commercial sectors, the most prominent of which were: retail, tobacco, gold, and public services sectors.
ZATCA indicated that the most commonly committed violations detected by the teams were: absence of tax stamps, and failure to issue debit or credit electronic note and electronic tax invoice.
ZATCA stated that these visits aim to enhance the level of compliance with the applicable tax regulations in Saudi Arabia, among the business taxpayers, and to limit commercial transactions that violate the instructions and controls that fall within ZATCA’s jurisdiction, in addition to being part of the regulatory efforts carried out by the field inspection teams.
In this context, ZATCA has called on consumers to report any establishment where any tax violations are observed, through the website (zatca.gov.sa) or through the mobile application (ZATCA). ZATCA offers incentive rewards to those who report tax violations, at a rate of 2.5% of the value of the violations and fines, with a maximum of one million Saudi Riyals and a minimum of SAR 1,000.