Phone retailers ordered to pay tax on inventories

Following raids on phone shops selling grey-market devices last week, the government is giving retailers a two-week window to declare their stock of mobile phone handsets and pay the relevant taxes or face hefty fines.

Many of the capital’s vendors have already received a notice from the General Department of Customs and Excise (GDCE) giving them 15 days, starting from October 30, to declare the number of mobile devices in their store for which duty has not been paid. …

Cheng Sokhorng
http://www.phnompenhpost.com/business/phone-retailers-ordered-pay-tax-inventories