Packaged water producers have welcomed the temporary suspension of a 20 per cent ad valorem tax imposed on their products.
The suspension follows protests lodged by the producers against the tax which affects all packaged water including those in sachets referred to as pure water.
Government imposed the tax because of the pollution caused to the environment by the used rubbers.
The producers had initially refused to cooperate with government in the implementation of the tax because they say it would sharply increase the price of their products well beyond the reach of their customers.
VAT Commissioner Anthony Ewereko-Minlah tells Joy Business the one month moratorium should help them identify all the producers who are expected to charge the tax, one of the key conditions demanded by the producers.
According to him, the agency has offices in all 10 regions and is aggressively pursuing measures the new move.
But the water producers say more time would be needed.
Managing Director of Voltic Mineral Water, Jason Schmidt, said pleaded with government to suspend the programme till April.
Meanwhile Voltic has rebranded its flagship product, Voltic Mineral Water.
According to Mr. Schmidt, this would help position the product as the preferred mineral water.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
Latest Stories
-
Keynote speakers arrive in Paris for Women of Valour
2 hours -
Coastal Civil Society Forum engages tidal wave victims, calls for urgent gov’t action
4 hours -
Prosecutors demand Luis Rubiales World Cup kiss retrial
4 hours -
Ghana won’t sink any further, investors must stay – Ishmael Yamson
4 hours -
Dr. Louisa Satekla pays courtesy call on Haruna Iddrisu to promote oral health education
4 hours -
ECB apologises for Pope Francis Ashes post joke
4 hours -
Denmark postal service to stop delivering letters
5 hours -
Photos: Mahama visits victims of tidal waves destruction in Volta region
5 hours -
Teen armed with gun overpowered by passengers onboard plane
5 hours -
Ghana Month: From war airbase to global gateway – KIA’s evolution and Ghana’s airline struggle
5 hours -
Rosetta Quaicoe: Preventing future Cholera outbreaks in Takoradi: A public health imperative
5 hours -
Edward Bawa assumes office as Acting Group CEO & MD of GOIL PLC
5 hours -
Ghana’s economy to face greater external stability in 2025; reserves to hit $8.8bn in 2025
5 hours -
Ghana’s current account balance to remain positive at 1.8% in 2025 – Fitch Solutions
5 hours -
Mahama directs Finance Minister to fund Blekusu Sea Defence Phase II
6 hours