The government has appealed a Civil Court ruling to the High Court that it must settle GST dues on the Dharumavantha Hospital project and reimburse Chang Hua Construction MVR 227,000. The High Court has not yet decided whether to accept the appeal.
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the 25-storey hospital project, valued at USD 140 million (MVR 2.1 billion), was contracted to Chang Hua.
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the court directed the Maldives government to pay the GST liabilities incurred by Chang Hua and reimburse MVR 227,000 the company had already paid to the Maldives Inland Revenue Authority (MIRA).
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the 25-storey hospital project, valued at USD 140 million (MVR 2.1 billion), was contracted to Chang Hua.
Word for word from the report in Maldives Republic. Open the report
The company later argued in the Civil Court that the Maldives government should bear the GST payments due to the Maldivian state, a claim the court upheld in March.
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The High Court has not yet decided whether to accept the appeal, which could have significant implications for the financial responsibilities associated with major development projects in the country.
Word for word from the report in Maldives Republic. Open the report
