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
-
Patient safety must extend across entire NCD care journey – FOCOS Hospital’s orthopaedics chief
46 minutes -
Collateral Registry: Security interest registrations declined by 32.2% in quarter 2, 2026
54 minutes -
Ninani Group staff take part in health walk, football and games at annual wellness programme
54 minutes -
Total value of secured loans hits GH¢31.5bn in quarter 2 2026
1 hour -
Ghana needs national dialogue to end political insult culture — Kpebu
2 hours -
‘Relax, I’m not contesting you in 2028’ — DVLA CEO tells Zanetor
3 hours -
Discipline can turn Ghana around overnight — Republic Bank MD
3 hours -
From cowboy to Republic Bank MD – Dr. Benjamin Dzoboku tells it all
4 hours -
Insurance sector offers huge job opportunities as Ghana faces actuarial skills shortage — GIU Rector
4 hours -
Newsfile to discuss Ghana Jollof nurse case, cocaine shipment, COVID audit and constitutional reforms
4 hours -
CPP urges Ghanaians to revive Nkrumah’s vision of self-reliance and industrialisation
4 hours -
Bagbin re-inaugurates African Commission of Health and Human Rights Promoters with GH¢100,000 donation
5 hours -
Why Republic Bank is betting big on mortgages
5 hours -
GNPC, Explorco pay condolence visit to Regent of Dagbon, reaffirm commitment to sustainable operations
5 hours -
Western Regional YMCA turns plastic waste into school bags for pupils
6 hours