Banking and Finance

Customs boss schools gov’t on revenue generation

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The Commissioner of the Customs Excise and Preventive Service (CEPS) is asking government to look beyond the auctioning of impounded goods at the ports and initiate other revenue generating measures. Major General Carl Modey said the country generates very little income from the auction of confiscated cars and other goods. General Modey who was speaking at a symposium in Takoradi proposed the adoption of innovative ways of supporting importers to clear their goods. That, for him, can help the nation’s revenue mobilization than seizing importers’ goods and auctioning them. “Can we interrogate why somebody will spend money – a Ghanaian – go outside buy a container, buy a car, and come and abandon it at the ports? …let us find innovative ways to support the people to clear their things and then we will get more revenue,” he stated. Source: Joy News/Ghana

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DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.