The Rwanda Revenue Authority published a notice on 13 August 2026 announcing a public auction of assets to be held at the Masoro RPU Store Facility on 22 September 2026. The announcement is issued pursuant to the authority’s mandate under the Customs Act to manage and dispose of seized, surplus, or confiscated property, and it forms part of a broader initiative to improve revenue collection and enforce tax compliance. The notice, dated 13 August 2026, falls within the ten‑day window preceding the reference date, thereby qualifying for inclusion in this extraction. The document outlines the procedural steps for bid submission, the documentation required of participants, and the tax consequences associated with winning bids, including duties and value‑added tax obligations.
Key Takeaways
- Auction Timing and Method: The Masoro RPU Store auction is scheduled for 22 September 2026. Bids must be submitted electronically through the RRA’s procurement portal and must be received by 12:00 GMT on 21 September 2026.
- Eligibility Documentation: Participants must provide a valid Tax Identification Number (TIN), a tax clearance certificate for the previous fiscal year, and a certified copy of their registration documents. All required files must be uploaded in PDF format at least 24 hours before the bid deadline.
- Tax and Duty Impact: Successful bidders are required to pay the applicable customs duty and VAT on the hammer price, calculated according to the tariff schedule effective on the auction date. Winners must submit a tax receipt and a compliance declaration within ten business days after the auction, in accordance with the Tax Administration Act.
Disclaimer:This article is compiled and summarized based on publicly available information and is for general information and academic exchange purposes only. It does not constitute any form of formal tax advice, legal opinion, or basis for performance. For tax planning, please consult a qualified professional tax advisor or legal counsel.
Source: Read Original Announcement