
Audio By Carbonatix
An audit report from the Auditor General Department has disclosed that 28 Oil Marketing Companies (OMCs) have defaulted in the payment of taxes between July, 2018 and December, 2019.
According to the report, the 28 OMCs owed GRA-Customs Division an amount ¢226,942,904.00 as taxes on petroleum from the Tema Oil Refinery (TOR).
The report further stated that the failure of the OMCs to pay the due tax is not in accordance to section 104 of the Customs Act 2015 (Act 891).
“Section 104 of the Customs Act, 2015 (Act 891) provides that where the Commissioner-General establishes that a person owes duty or tax arrears, that person shall within thirty days of a written request by the Commissioner-General refund the money or pay the duty or tax arrears owed,” the report titled “ Report of the Auditor- General” stated.
It therefore recommended that the amount owed by the OMCs to be recovered with immediate effect.
“We recommended to the Commissioner, Customs Division to recover the amount of ¢226,942,904.00 from the OMCs without any further delay,” it indicated.
This comes after an audit report also released in 2018 accused 10 OMCs of failing to pay an amount of ¢33,675,044 as taxes on petroleum products to the Ghana Revenue Authority (GRA) in the year 2018.
Latest Stories
-
AGRA Food Security Monitor shows a mixed picture for Ghana’s food markets
3 minutes -
Public confidence is Supreme Court’s greatest asset — Chief Justice
13 minutes -
Asiedu Nketiah’s tours were to strengthen NDC, not campaign for presidency – Mustapha Gbande
17 minutes -
24-Hour Economy about productivity, not round-the-clock work – Goosie Tanoh
23 minutes -
GNFS intensifies fire safety campaigns across Eastern Region communities
26 minutes -
Wontumi acted within NPP election rules, not against party leadership – Campaign Secretariat
29 minutes -
Kumasi to experience temporary power outages as GRIDCo begins major transmission line upgrade
33 minutes -
Police avert deadly mob justice in Assin North
37 minutes -
Dr Vera Beyuo distributes 500 free school uniforms to girls in Lambussie
41 minutes -
TOR receives one million barrels of Jubilee crude to boost refinery operations
45 minutes -
TUC urges government to halt Tribunal Bill pending constitutional review
50 minutes -
Wontumi would have been suspended in NDC over attacks on party leadership – Mustapha Gbande
53 minutes -
Central Region moves to tame cholera outbreak
54 minutes -
UPSA pilots workshop at Akatsi College of Education
58 minutes -
Obuasi fatal gang attack: Ashanti South Police arrest murder suspect
1 hour