Kale’s CAPELLA -CFS/ICD system is now TRA Compliant
CAPELLA-a CFS/ICD System used by one of Tanzania’s largest business group- Said Salim Bakhresa & Co Ltd. is now compliant with TRA (Tanzania Revenue Authority) mandate.
Kale’s CAPELLA- a CFS/ICD Management System is now compliant with TRA (Tanzania Revenue Authority) mandate. TRA is a trade & customs regulator for the region which has recently mandated all organizations based in the country to track the invoices being raised by them. This will ensure that VAT due to the Government gets collected and deposited on time.
Just like in other countries, in Tanzania too there is a VAT applicable on every invoice that is raised on different services offered by businesses. At present the Airport cargo ground handlers have to collect this VAT component and deposit to government. However, a widespread existence of malpractices and corruption prevents a true depiction of VAT due from various businesses. This prompted TRA to install system to track invoices raised in each organization.
Said Salim Bakhresa & Co Ltd (Azam Inland Container Depot), Tanzania, is one of the largest business groups in African region. Earlier they had to capture all invoice details manually in a sheet, which was tedious and error prone. With CAPELLA this process is now completely automated. CAPELLA raises the invoices and upon a print command interfaces with TRA system to transmit this information. The invoice information thus captured in TRA system enables them to view & track it.
Speaking on the occasion Sreenivas Vanguri-Financial Controller, Azam ICD-Bakhresa Group said, “CAPELLA had automated all our CFS operations. Now with TRA compliance attained, our entire operations are automated and compliant as per industry regulations. TRA compliance will assure us a lot of positive business standing in the region.”
Mr. Vineet Malhotra, Senior Vice President- Kale Logistics Solutions said, “We are pleased to see CAPELLA getting TRA compliant. It has been our practice to make our solutions compatible and compliant with local & international business practices & regulations. CAPELLA is a very strong web based CFS management system which imbibes global best practices and fulfills end-to end needs of CFS operators.”
CAPELLA caters to specific needs of CFS and ICD operators. It is an enterprise-wide, robust, web-based system that automates the disorganised CFS/ICD processes to give the operator instant access to information and provide the management with complete visibility of their business at all times. The solution addresses all the major issues faced by the CFS operator in terminal operation, container inventory and yard management, bonded and non-bonded warehousing, back to town processes, maintenance and repair, damage and loss of shipments, and other features with a comprehensive reporting tool.