On 13 August 2026, the Rwanda Revenue Authority issued a notice announcing a public auction of assets scheduled to take place at the Rusiza Storage Facility on 31 August 2026. The announcement is made under the authority’s statutory mandate to manage and dispose of confiscated, surplus, or seized goods, pursuant to the Customs Act and the broader National Revenue Policy. The notice, published on 13 August 2026, falls within the ten‑day period preceding the reference date, thereby meeting the selection criteria. The document outlines the procedural requirements for participating in the auction, the documentation that bidders must furnish, and the tax implications associated with the purchase, including customs duty and value‑added tax (VAT) obligations.
Key Takeaways
- Auction Timing and Platform: The Rusiza Storage Facility auction is scheduled for 31 August 2026. Bids must be submitted electronically through the RRA’s procurement portal, with submissions required by 12:00 GMT on 30 August 2026.
- Participant Requirements: Entrants must present 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 no later than 24 hours before the bid deadline.
- Tax and Duty Liabilities: Winning bidders are obligated to pay the applicable customs duty and VAT on the hammer price, calculated according to the tariff schedule in effect on the auction date. Successful participants must also 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