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, 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.
The Commissioner-General, Mr. Anthony Kwasi Sarpong, issued the directive following instructions from the Minister of Finance after consultations with key stakeholders in the petroleum and energy sectors. The postponement is to allow for further stakeholder engagement and preparations ahead of the implementation.
The GRA will communicate the new effective date for the levy adjustment in due course. The directive has been circulated to all ports and Customs stations, including internal offices, to ensure a smooth transition.
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.
The GRA’s decision demonstrates its commitment to engaging with stakeholders and ensuring a well-coordinated implementation of tax policies.
Source: Apexnewsgh.com/Ngamegbulam Chidozie Stephen
