
Audio By Carbonatix
Prices of petroleum products have gone up Saturday morning between 3 and 6 percent at the pumps, Joy Business has learnt.
Petrol has gone by 6.25 percent per liter and would now be selling at ¢2.55 pesewas per liter.
Kerosene would also be selling at ¢2.60 pesewas per liter. Diesel and Marine Gas oil has seen a little over 6 percent adjustment in price per litre.
However premix which is mainly used by fishermen would just go up by 3.45 percent per litre and would be selling at the pumps at ¢1.20 pesewas.
But prices of LPG and RFO remained unchanged.
JOYBUSINESS has gathered that the increment is in line with the National Petroleum Authority's plan to review prices of the various petroleum products every two weeks.
However the increment did not factor in the new "Ad -valorem tax" which is between 1 and 6 percent on all the products.
Prices would have shot up to between 10 or 15 percent if the tax were to have been added.
A source close to the Ghana Revenue Authority told JOYBUSINESS the NPA should have implemented the tax on the products from January 8.
It is still unclear why the NPA has delayed in implementing the tax.
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