The Vice President of the Association of Customs Housing Agents Ghana, Philip Badu Mensah, has urged the government to remove Covid-19 Levy and other outmoded taxes from transactions at the ports.
According to him, Ghanaian importers are facing unnecessary burden due to outdated taxes at the country's ports.
In an interview with Joy Business on the sidelines of the Customs Division of the Ghana Revenue Authority’s First Time Release Study Report, Mr. Mensah urged the government to revisit its taxation strategy at the ports, arguing that these charges hinder efficiency and competitiveness.
He further highlighted three of these specific taxes he believes are no longer relevant:
State warehouse rent
He said "The goods are not in the hands of the state, it is in the hands of private operators, but the state is taking rent which is not applicable”.
He argued that this tax predates containerization and should be abolished.
Interest charges
According to him, "In the 70s, importers were given money to go to the market and bring goods”.
Mr. Mensah explained that "So, when you bring the goods and you are not clearing them on time, then there is interest on the money they have given you. But today, nobody is giving anybody money. So, the goods are at the port, and you are charging interest on them. These are the charges we are trying to speak to the authorities on them."
COVID-19 levy
Mr. Mensah believes this temporary levy implemented in 2021 should be discontinued due to its extended duration.
He stated, "As policymakers, we are pleading with the state to ensure that these few (outmoded) taxes are removed to ease the cost of doing business at the ports."
Continuing Mr. Mensah emphasised the negative impact these taxes have on businesses: "These charges are making it difficult for us to compete with other ports in the sub-region," he said. "Removing these outmoded taxes will enhance the ease of doing business at the ports and make port operations competitive within the sub-region."
By advocating for the removal of these outdated taxes, Mr. Mensah hopes to streamline port operations, reduce operating costs for businesses, and ultimately strengthen Ghana's position as a competitive player within the regional trade landscape.
Latest Stories
-
Project commissioning not a ploy to attract votes – Oppong Nkrumah
7 seconds -
CBG records GH¢1bn revenue in Q3
3 mins -
Mahama vows to create an agro-processing zone in Afram Plains
17 mins -
Political parties should plan for losses, not just wins – IGP advises
18 mins -
524 Diasporan Africans granted Ghanaian citizenship in ceremony
20 mins -
Mahama urges Afram Plains North residents to avoid ‘skirt and blouse’ voting
22 mins -
Asantehene receives more 19th century gold ornament and regalia
29 mins -
Hohoe Ghana Blind Union organises training for members ahead of Election 2024
35 mins -
Alan Kyerematen reveals his future plans for Ghanaian Health professionals
36 mins -
AAIN empowers women and small enterprises in Upper East Region through SHINE project
37 mins -
Akufo-Addo leads nationwide commissioning of 80 educational projects
44 mins -
Ghana and Seychelles strengthen bilateral ties with focus on key sectors
1 hour -
National Elections Security Taskforce meets political party heads ahead of December elections
1 hour -
Samsung’s AI-powered innovations honored by Consumer Technology Association
2 hours -
Fugitive Zambian MP arrested in Zimbabwe – minister
2 hours