The Minority in Parliament has accused government of granting tax waivers worth over $600 million to 15 companies alleged to be cronies of the ruling NPP under the One District, One Factory programme.
The government is currently seeking Parliament’s approval on a request for waiver of Import Duty, Import VAT, GETFund Levy, NHIL, and EXIM Levy on machinery, equipment and raw materials to be procured by the entities under the One District One Factory (1D1F) programme.
The entities seeking tax waivers include Keda Ghana Ceramics Company Limited (waiver amount of US$13,510,881.00); Sunda Ghana Limited (waiver amount of US$6,799,183.00); Happy Sunshine Company Ghana Limited (waiver amount of US$2,770,191.00); Sinostone Alcohol Manufacturing Limited (waiver amount of US$573,520,00); Appah Farms Limited (waiver amount of US$278,429.00); Western Deedew Group Limited US$36,645.00).
The rest are Koudjis Ghana Limited (waiver amount of US$32,222.00); Sunda Ghana Investment Limited (waiver amount of US$5,559,019.00); Zonda Sinotruk Assembly Plant Limited (waiver amount of US$5,109,675.00); Brompton Portfolio Limited (waiver amount US$4,996, 170,00); Golden Africa Consumer Products Ghana Limited (waiver amount of US$3,091,126.00); Golden Africa Soap Industries Ghana Limited (waiver amount of US$2,561,664.00); GB Pharma Ghana Limited (waiver amount US$2,199,052.00); Beatex Enterprise Limited (waiver amount US$200,626.00); and Narubiz Limited (waiver amount of US$25.933.00).
But speaking to Adom News on the back of government’s request, Deputy Minority spokesperson on Trade, Industry and Tourism, Yusif Sulemana accused government of selectivity in granting tax waivers.
He urged government to grant such waivers to all entities who qualify regardless of their party affiliation.
The Bole Bamboi MP also described the government’s 1D1F programme as a total failure, adding that most of the projects are on paper and cannot be located on the ground.
Latest Stories
- GNFS expresses reservation over reopening of Kejetia Market
26 mins - Rapper Edem hints at contesting NDC parliamentary primaries
40 mins - Slut Boy Billy: a rap prodigy breaking norms, making strides
2 hours - Why the Tema Motorway is a death trap
2 hours - Peter Obi kicks off legal challenge to Nigeria election result
2 hours - Dr Akoto Osei’s death a shock to the whole nation – Speaker
3 hours - Gwyneth Paltrow expected to appear in court over ski crash case
3 hours - John Mahama files nomination to contest NDC flagbearer race
3 hours - Overborrowing is one of Akufo-Addo’s biggest mistakes – Prof Adei
3 hours - Davido is back with new album ‘Timeless’, set for March 31
3 hours - GALLERY: Best pictures from Black Stars training at Accra Sports Stadium on Monday
4 hours - Female farmers less likely to leave crop residues to decompose – KNUST research
4 hours - Drivers in Kumasi speed on weekends – Research reveals
5 hours - Implement existing laws to protect consumer – CUTS urges regulators
5 hours - Ghana’s “investment hub” agenda demands an open-minded tax administration
5 hours