The Ghana Revenue Authority (GRA) has denied reports by the media that the recently deployed Integrated Customs Management System (ICUMS) at the country's points of entry has resulted in revenue loses for the country.
GRA in a press statement dated August 3, 2020, asserted that the numerous media reportage of ICUMS 'causing' revenue losses at the country's land and sea borders, particularly the Tema collection was 'completely misleading and does not represent the facts on the ground.'
According to the revenue mobilization body, monthly average revenue collection pre-Covid-19 and during Covid-19 are GH¢942 million and GH¢574.8 million respectively.
It argues that the GH¢574.8 revenue mobilization figure compared to end-June revenue mobilization figure of GH¢554 million at the Tema Collection point does not show significant differences in revenue mobilization hence, ICUMS cannot be said to be the cause of the revenue shortfalls as the media seem to suggest.
The cause of revenue shortfalls the GRA argues further, is due to the border closure and restrictions placed on movement of persons resulting in a slowdown in port related activities due to the Covid-19 pandemic.
The body clearing the air on the misconception that the ICUMS is to blame for the variances in the revenue at the ports, stated that it is focused on its core mandate of mobilising revenue for national development and that it remains committed to constantly monitoring revenue performance at the ports whilst making efforts to resolve all initial challenges in the deployment of the ICUMS.
Latest Stories
-
Gold Fields Ghana Foundation challenges graduates to maximize benefits of community apprenticeship programme
36 mins -
GBC accuses Deputy Information Minister Sylvester Tetteh of demolishing its bungalow illegally
48 mins -
Boost for education as government commissions 80 projects
59 mins -
NAPO commissions library to honour Atta-Mills’ memory
1 hour -
OmniBSIC Bank champions health and wellness with thriving community walk
1 hour -
Kora Wearables unveils Neo: The Ultimate Smartwatch for Ghana’s tech-savvy and health-conscious users
1 hour -
NDC supports Dampare’s ‘no guns at polling stations’ directive
1 hour -
Police officer interdicted after video of assault goes viral
2 hours -
KNUST’s Prof. Reginald Annan named first African recipient of World Cancer Research Fund
2 hours -
George Twum-Barimah-Adu pledges inclusive cabinet with Minority and Majority leaders
2 hours -
Labourer jailed 5 years for inflicting cutlass wounds on businessman
2 hours -
Parliament urged to fast-track passage of Road Traffic Amendment Bill
2 hours -
Mr Daniel Kofi Asante aka Electrician
2 hours -
Minerals Commission, Solidaridad unveils forum to tackle child labour in mining sector
3 hours -
Election 2024: Engagement with security services productive – NDC
3 hours