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Impression
Thursday, April 4, 2019
Tema April 4th, GNA – Customs division of Ghana tax administration started on Thursday
implementation of the government directive to reduce import duties in Ghana
designated ports.
Vice President Mohamudi Bawumia announced the government's directive to
a public meeting organized by the economic management team.
Reference values for all imports were reduced by 50%
but thirty percent cut for cars.
S addressing the Ghana News Agency in the enclave of Tema Port, Mr.
Abraham Frimpong, director, Global Stewards Company Limited, said that all entries
made Thursday in the respective designated areas, including the Long Room
adhered to the new directive.
According to him, customs explained that old entries would not be
to attract the reduction even if the corresponding products had not been cleared.
The forwarder said the bold government would make Ghana
competitive seaports and subsequently attract more ships and imports
stimulate the manufacturing sector as most of the basic materials are
imported.
He called on the government to step up education on the new import
homework regime so as not to create confusion among ordinary Ghanaians.
He said that the real effects on the prices of imported products would not be
be immediate, but the directive would go a long way to reducing stress on
Ghanaians
Mr. Frimpong agreed with the Government's statement that high fees
counterproductive because the neighboring ports in particular, the port of Lome in
Togo was becoming a privileged port even for some Ghanaians
countries.
Customs clbadification and valuation reports observed by Ghana News
Agency confirmed the implementation of the new legal regime.
The home delivery (HDV) values of cars to be erased have been reduced from
thirty percent before being used as the base amount for the calculation of the other
variables.
The customs division of the GRA did not comment on the new rights regime.
GNA
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