https://www.myjoyonline.com/e-levy-does-not-apply-to-merchant-sims-cash-outs-and-cash-ins-gra/-------https://www.myjoyonline.com/e-levy-does-not-apply-to-merchant-sims-cash-outs-and-cash-ins-gra/
GRA

The Ghana Revenue Authority (GRA) has debunked misleading reports on social media that imply that from 1st July 2022, the GRA will begin charging E-Levy on merchant SIMs.

The misleading reports also suggest that Cash-Ins or deposits made through a merchant or vendor will attract E-Levy. 

The GRA in a press statement stressed that “the Levy does not apply to Specified Merchant Payments. It added that Specified Merchant Payments are payments made to merchants through a payment service to a person registered with the GRA for the purposes of Income Tax or Value Added Tax (VAT). Customers making payments to such specified merchants will NOT be charged the E-Levy”. 

According to the GRA, the E-Levy does not apply to Cash-Outs or cash withdrawals and Cash-Ins or cash deposits either at the bank or at a mobile money agent or vendor point.

The GRA in a statement explained that that Cash-Ins or deposits do not attract E-Levy hence customers are NOT to pay any amount as E-Levy.

“The general public should note that E-Levy is NOT charged on merchant SIMs, as is being purported. The E-Levy is only charged on a transfer from a customer to a Specified Merchant if the merchant is NOT registered with GRA for Income Tax or VAT purposes,” a statement said.

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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.