Audio By Carbonatix
The Ghana Revenue Authority (GRA) has announced a complete reversal of the discount on import values of general goods and Home Delivery Value (HDV) of vehicles effective January 1, 2023.
A statement issued in Accra by the Commissioner-General said the decision would affect the 30 per cent discount on import values of general goods and the 10 per cent discount on HDV of used vehicles, effective January 1, 2023.
The Authority said the decision followed the presentation of the budget statement and economic policy of the government for the year ending December 31, 2023.
It said the valuation of all goods would continue to be done in line with the World Trade Organization (WTO) valuation agreement, WTO Customs valuation compendium and the Customs Act 2015 (Act 891) section 60 (used motor vehicles) and section 67 (general goods).
The statement urged the public to support and cooperate with the GRA.
Latest Stories
-
Catholic Bishops pressure gov’t to sign long-delayed mission schools agreement
6 minutes -
Cedi under fresh pressure as Christmas import demand drives dollar surge
21 minutes -
Ato Forson eyes first-week November for 2027 Budget, promises jobs and major infrastructure push
30 minutes -
SHS placement crisis deepens as Catholic Bishops demand probe into ‘protocol’ admissions
38 minutes -
SHS placement: Catholic Bishops demand probe into alleged payments for school places
55 minutes -
Facts about Nigeria’s Dangote oil refinery Initial Public Offering
1 hour -
Trump says AI safety fears a ‘hoax’ as he rejects calls for greater safeguards
2 hours -
Oil climbs as Saudi pipeline outage, fresh attacks heighten supply concerns
2 hours -
Donald Trump Jr and Bettina Trump say Putin ally paid for some wedding festivities as a ‘gift’
2 hours -
EU is set to propose ban on social media and AI chatbots for under-15s
2 hours -
No SHS space shortage – GES says 800,000 places available for just over 600,000 students
2 hours -
Emmys 2026: The winners and nominees in full
2 hours -
African banks’ foreign subsidiary contributions increasing; Access Bank records fastest cross-border growth
3 hours -
Food prices in Ghana remain largely stable – AGRA report
3 hours -
Fiscal economy to remain firm despite execution risks – Databank Research
3 hours