The Ghana Revenue Authority (GRA) has debunked misleading reports on social media that imply that from 1st July 2022, the GRA will begin charging E-Levy on merchant SIMs.
The misleading reports also suggest that Cash-Ins or deposits made through a merchant or vendor will attract E-Levy.
The GRA in a press statement stressed that “the Levy does not apply to Specified Merchant Payments. It added that Specified Merchant Payments are payments made to merchants through a payment service to a person registered with the GRA for the purposes of Income Tax or Value Added Tax (VAT). Customers making payments to such specified merchants will NOT be charged the E-Levy”.
According to the GRA, the E-Levy does not apply to Cash-Outs or cash withdrawals and Cash-Ins or cash deposits either at the bank or at a mobile money agent or vendor point.
The GRA in a statement explained that that Cash-Ins or deposits do not attract E-Levy hence customers are NOT to pay any amount as E-Levy.
“The general public should note that E-Levy is NOT charged on merchant SIMs, as is being purported. The E-Levy is only charged on a transfer from a customer to a Specified Merchant if the merchant is NOT registered with GRA for Income Tax or VAT purposes,” a statement said.
Latest Stories
-
Over 80 educational projects to be commissioned this week
2 hours -
Kuami Eugene shows leadership; mobilises fellow artistes for peace song
4 hours -
The JOY Prime Made in Ghana Fair: Why not miss it!
4 hours -
GPL 2024/25: Struggling Asante Kotoko aim to bounce back against high-flying Nations FC
5 hours -
GES Deputy D-G admonishes students to uphold integrity and teamwork
5 hours -
Election 2024: Osabarima Dr Owusu Beyeeman advocates for peace
5 hours -
Fashion at Joy Prime Made in Ghana Fair
7 hours -
Alan Kyerematen wanted me to be his running mate – Okyeame Kwame
8 hours -
AFCON 2025Q: Otto Addo calls up Jerry Afriyie, two others for Niger clash
9 hours -
Vacant Seats: Supreme Court failed to strengthen Ghana’s democracy – NDC’s Beatrice Annan
9 hours -
Coop Kee makes bold statement with ‘Ohemaa’
10 hours -
Judiciary not a rubber stamp for Jubilee House decisions – Atta Akyea asserts
10 hours -
Judiciary being manipulated by politicians – Franklin Cudjoe claims
10 hours -
NPP slams ‘unwarranted and disgraceful’ attacks on Kufuor
10 hours -
Election 2024: Dampare cautions public against electoral misconduct
10 hours