The Malta subsidiary of Dubai-based Shapoorji Pallonji International FZC had signed a contract with Vitals Global Healthcare and Vitals Global Healthcare Management in 2016. Under the terms of the contract, Shapoorji was engaged to design and build projects at St. Luke’s Hospital, Karin Grech Hospital and Gozo General Hospital. The Indian company claims that under a clause in the contract, Vitals had bound itself to pay a €25 million advance as a guarantee. In January 2018, the Tax Commissioner wrote to Shapoorji asking for a meeting as part of a credit control exercise. The Tax Commissioner issued a notice under the VAT Act, claiming that the department was due €8,394,294.94 in unpaid tax.

Source: Libya Today January 02, 2022 08:58 UTC