Audio By Carbonatix
The Ghana Revenue Authority and its Commissioner-General, Ghana COCOBOD and its CEO have been sued by some Agricultural companies over the imposition of Valued Added Tax.
The companies in their writ say they have been exempted from the payment of VAT over the past 24 years.
They allege in the writ that the Ghana Revenue Authority in 2019 wrote to the Ghana COCOBOD directing that it registers the companies for VAT purposes.
The companies in the writ content this smacks of bad faith, unreasonableness, capriciousness and a complete disregard for the law and their economic rights.
Plaintiffs
There are 13 Agric companies behind this legal action.
They include Kuapa Kooko Company limited, Federated Company, Sika Aba Buyers, CDH Commodities limited, Adikanfo Commodities and Olam Ghana limited.
Reliefs
They want a declaration that the activities of trucking and haulage of agricultural products, including cocoa, coffee and shea nuts in their raw state, form part of a chain of many procedures and processes of the supply of agricultural products in their raw state and therefore exempt from VAT.
They also want an order of perpetual injunction restraining the GRA, COCOBOD from ever auditing, purporting to audit, assessing or purporting to assess the Plaintiffs for the purposes of charging the Plaintiffs to pay Value Added Tax (VAT).
They further want the court to order the GRA and COCOBOD to fully indemnify and compensate them adequately on a full cost recovery basis for all Value Added Tax (VAT) purported to be assessed, actually assessed, charged and paid by them.
Latest Stories
-
Prosecution witness alleges Chairman Wontumi ordered mining in protected Tano Nimiri Forest Reserve
14 minutes -
31 people dead after bus crashes in Ethiopia
16 minutes -
G7 leaders meet in France with Iran and Ukraine high on agenda
22 minutes -
South Africa marks 50 years since Soweto uprising amid modern youth crisis
26 minutes -
Engineer calls for greater citizen responsibility in tackling Ghana’s flood crisis
31 minutes -
GRA targets informal sector with modified tax scheme
32 minutes -
Embed climate education in national climate policies—AGN Chair
39 minutes -
Eight dead after US Air Force B-52 bomber crashes in California
45 minutes -
Ghana records weakest Q1 budget execution since 2017 as consolidation bites
56 minutes -
NPP accuses government of selective justice, warns against interference in Sedina Tamakloe’s sentence
57 minutes -
Ashaiman Police arrest two suspects over separate armed robbery attacks
1 hour -
Port charges hindering access to donated medicines, cancer charity warns
1 hour -
See the areas that will be affected by ECG’s planned maintenance on Tuesday
1 hour -
Mahama’s lean government claim misleading when full appointments are considered – Jinapor
2 hours -
India temporarily bans Telegram over exam paper leak concerns
2 hours