
Audio By Carbonatix
The Customs Division of the Ghana Revenue Authority (GRA) in the Ashanti Region has exceeded its revenue target for the year in the first six months.
The command had collected GH¢305.281 million by the first week of July against the year’s target of GH¢285.640 million.
Officials say revenue collection over the years has been difficult because of high default rate by warehousing and manufacturing companies.
Kumasi is touted as the trading hub and commercial capital of the nation.
Officials of the Authority describe it as the second largest revenue collection point after Tema.
Almost every import ends up in Kumasi and so it is very crucial in revenue mobilization.
Though smuggling has been on the ascendancy in the region, import and other levies were lagging behind at about 11.29 percent, with Import VAT, in adverse of 6.77 percent.
But there are other areas, according to the Ashanti Regional Commander for the Customs Division, Assistant Commissioner, Kwesi Ahiakpor, that were not considered - manufacturing and warehousing.
He said they are looking at improving the areas where they did not perform well.
Mr Ahiakpor is however excited by the progress made so far as he predicts what he described as rollicking times ahead.
He said the old warehousing regime is that people go and lift their goods from the port in Tema and don’t pay duties as they warehouse them.
“In this area of warehousing you realize that there is so much duty. People are dealing in cooking oil and alcohol-they are high duty goods so i have to strengthen the warehousing area,” he said.
According to Mr Ahiakpor, companies owed as much as GH¢22 million of tax and duties, when he took over in the last quarter of 2015.
To address what was a perennial hike in non-payment of duties and tax evasion, the Kumasi division went into an agreement with tax defaulting companies that ensured they honoured their tax obligations.
Latest Stories
-
CJID expands support for environmental and climate journalism in West Africa
24 seconds -
CJID steps up AI fight with new tools to combat election misinformation
6 minutes -
The roads home haven’t changed, they are worse now
7 minutes -
Brandy’s slimmer appearance sparks concern as fans urge compassion over online speculation
8 minutes -
CJID to fund investigative journalism and strengthen newsrooms across West Africa
10 minutes -
Gov’t pursuing misinformation law while protecting media freedom – Shamima Muslim
17 minutes -
Journalism has become democratic infrastructure, not just the fourth estate – Shamima Muslim
21 minutes -
Misinformation now one of biggest threats to democracy in West Africa – Shamima Muslim
27 minutes -
Gov’t announces implementation plan for two-day national flood aftermath clean-up exercise
35 minutes -
‘What are you doing about it?’ Ahmed Shaib questions Local Gov’t Minister over ‘Aboboya’ menace
39 minutes -
Man Utd plan naming rights deal for new stadium
52 minutes -
Quansah banned for two games after Mexico red card
55 minutes -
Creative Arts Agency rallies creatives to join National General Cleaning Exercise
1 hour -
No Agenda 111 hospital is operational despite GH¢4.8bn spent – Health Minister
1 hour -
Ridne Humanitarian Food Hub, Ukraine Embassy donate to flood-affected refugees
1 hour