Widespread VAT Fraud Detected among Grain Traders in NE Bulgaria

Inspectors from regional units of Bulgaria's National Revenue Agency (NRA) have uncovered large-scale VAT fraud at grain storage and grain trading sites. Photo by dariknews.bg

Inspectors from regional units of Bulgaria's National Revenue Agency (NRA) have uncovered large-scale VAT fraud at grain storage and grain trading sites.

According to NRA officials in Ruse, as cited by the Bulgarian Telegraph Agency (BTA), local grain traders failed to pay due VAT amounting to BGN 2 684 000.

NRA officials conducted a total of 14 audits in Dobrich and Ruse, uncovering unpaid VAT of BGN 1 805 000 in Dobrich.

Revenue authorities revealed VAT fraud to the tune of BGN 130 000 in three audits in Silistra.

In Razgrad, 8 audits detected VAT evasion amounting to BGN 2 353 000.

In Targovishte, NRA officials conducted 4 audits, revealing VAT scams worth BGN 1 391 000.

6 audits carried out in Shument uncovered unpaid VAT to the tune of BGN 1M.

20 audits of agricultural producers in Varna and the Varna district yielded BGN 4 M in unpaid VAT.

One Varna-based grain trader alone committed a BGN 2.4 M VAT scam.

Since the beginning of August, the revenue administration has started mass inspections of grain storage and grain trading sites in northeastern Bulgaria, according to Svetlan Petkov, head of the NRA unit in charge of northeastern Bulgaria.

The inspections are being carried out by NRA staff, police officers, and representatives of the National Grains Service and are part of the government's program aimed at curbing VAT evasion.

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