The government has asked the Ghana Revenue Authority (GRA) to suspend with immediate effect, the charging of Import VAT on selected categories of commodities.
The import VAT was slapped on 64 commodity groups from March 1, 2018, raising concerns among various importers groups following sudden price hikes.
Government in a statement issued by Information Minister, Mustapha Abdul-Hamid on Wednesday, said the hike in import charges were “unintended” and that the suspension of the Import VAT, a temporary measure, follows extensive consultation between Government and various stakeholders.
“This suspension is pending an assessment of Harmonized code (HS Codes) for customs which were reviewed effective same date,” the statement said.
Affected commodities included;
Mobile phones
Electrical transformers
Tractors for agricultural purposes
Solar cells
Musical instruments
Outboard motors
Concrete
Mortar mixers and
Day-Old Chicks
Also suspended but indefinitely, is a proposed 'fumigation levy' for shippers.
“Further details of affected products will be outlined by the Ghana Revenue Authority (GRA) in due course.
“Government is grateful to all stakeholders for forthrightly participating in the engagement sessions and looks forward to a substantive resolution of the challenges faced by importers and shippers.”
Source: Daily Graphic
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LUCK OF KNOWLEDGE MY PEOPLE PERISH,,AT WHAT THIS NDC GUYS ARE SAYING....ITS A GOOD NEWS FOR THE IMPORTERS AND THANKS FOR ALERTING THE PRESIDENT..THIS WHAT ALL GHANAIAN S MUST DO..NOT BE INJUSTICE..LONG LIVE NANA AND THE NPP ECONOMIC TEAM
confused people. Impose tax, withdraw them etc hahahahah confusion nkoaa. Failure nkoaa hahahahahahahahahahahahahahahahahahahahahhahahahahahhahaahahahahh
NPP will fall on their own dagger. Look at what is happening , it is a reversal of what they did when they were in opposition. Karma is a b.it.ch
@GOD bless NPP you are really id i o t the ***barred word*** monkey face wanted to steal from the poor Ghanaians we stod against that
Good news like this don’t fly all day in the media waves. It is so sad how good information don’t travel faster than politricks they do in Ghana
NANA ADDO AND HIS GOV'T THE NPP HAVE REALLY SHOWN TO THE GHANAIANS THAT THE NPP GOV'T IS INDEED A CARING AND A LISTENING GOV'T . I AND HIM FAMILY WILL STILL VOTE FOR THIS GOV'T 2020, WITHIN A YEARS NOW I AND MY FAMILY HAVE BENEFITED FROM THIS NPP GOV'T FREE SHS AND NOW MY FAMILY IS GOING TO BENEFIT FROM THE CANCELLING OF THE IMPORT OF DAY OLD CHICKEN.