Fuel Levy Takes Off July 16 - GRA Confirms


 The Ghana Revenue Authority (GRA) has announced that the GHC1 fuel levy, as part of the Energy Sector Levies (Amendment) Act, 2025 (Act 1141), will be officially implemented on July 16, 2025.


In a statement signed by Acting Commissioner-General Anthony Akwasi Sarpong, the Authority said the decision to move forward follows a careful review of current global and local market conditions.


“Reference is made to our previous communication dated 13th June 2025, which announced the postponement of the implementation of the Energy Sector Levies (Amendment) Act, 2025 (Act 1141),” the statement noted.


“This decision was taken in consultation with the Ministry of Finance and the Ministry of Energy to allow for a comprehensive monitoring of global market conditions and to safeguard recent gains in domestic pump prices.”


Now, with greater clarity and stability in the energy market, the GRA says it is ready to proceed.


“We are pleased to inform you that, following a thorough review of prevailing market indicators and in line with the government’s commitment to ensuring stable economic conditions, the implementation of the Energy Sector Levies (Amendment) Act, 2025 (Act 1141), will now commence, effective 16th July 2025,” the GRA confirmed.


All key industry players, including fuel importers, distributors, and customs agents, have been urged to take note of the new implementation date and ensure full compliance with the amended law.

Source : Peacefmonline.com


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