GRA postpones implementation of Energy Sector Levy

The Ghana Revenue Authority (GRA) has announced the postponement of the implementation of Tariff Interpretation Order (TIO) No. 2025/004 relating to the Energy Sector Levies (Amendment) Act, 2025 (Act 1141).
The directive, issued by the Commissioner-General, Mr. Anthony Kwasi Sarpong, follows instructions from the Minister of Finance after consultations with key stakeholders in the petroleum and energy sectors.
The affected directive, which was initially scheduled to take effect from June 16, 2025, would have seen an increase in the Energy Sector Shortfall and Debt Repayment Levy (ESSDRL) on selected petroleum products.
According to the statement, the postponement is to allow for further stakeholder engagement and preparations ahead of the implementation.
The new effective date for the levy adjustment will be communicated in due course.
The directive has been circulated to all ports and Customs stations, including internal offices such as the Commissioner of Customs, Deputy Commissioners, Sector Commanders, and the Customs Technical Services Bureau (CTSB).
The move is expected to provide temporary relief to importers, fuel distributors, and consumers while the government continues to fine-tune the implementation framework for the amended levy.
Source: Classfmonline.com/Cecil Mensah
Trending Business
PAG demands immediate reversal of Tullow-Kosmos license extension deal
06:37E/R: Sand and Stone workers appeal to gov't to clamp down on Illegal sand winning
14:55ECG disconnects power supply to GBC over unpaid bills
14:22GEPA CEO highlights horticulture as key to Ghana’s export and rural development at 2025 Expo
14:17Budget must guide union agitations-GFL to unionists
11:12Finance Minister hails Fitch upgrade, assures Ghanaians of continued economic recovery
02:42Agric Minister hails private sector's role in poultry feed production
15:00Zoomlion clarifies YEA contract status, reaffirms commitment to sanitation and accountability
17:04GRA postpones implementation of Energy Sector Levy
06:45GIPC boosts regional operations with new vehicle for Takoradi zonal office
14:38