Bagged drinking water producers are proposing GHp7 as the new price for a sachet of water.
The new price is to reflect the controversial 20 per cent ad valorem tax which takes effect from March this year.
This was one of the conclusions reached at a meeting of bottled and sachet producers in Accra Thursday.
Joy Business learnt from the meeting that the producers agreed to go ahead and sell their products at the new price unless the government’s technical committee which is said to be meeting over the tax concludes otherwise.
Implementation of the tax has become doubtful after the Chairman of Parliament’s Select Committee on Finance said it had not approved taxes on sachet water.
Source: Joy Business/Myjoyonline.com/Ghana
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
-
Livestream: Newsfile discusses inaugurations, prisoner pardon and failed CJ petition
3 minutes -
Revisiting the forensic audit EC will increase credibility of future elections – Omane Boamah
2 hours -
Africa Food Systems Parliamentary Network urges governments to increase investment in agriculture
10 hours -
AU and partners urge youth to get involved in efforts to transform continent’s food systems
10 hours -
Fire kills 3-year-old at Asawase-Dagomba Line in Ashanti Region
11 hours -
Paskal A.B. Rois: How Mahama inspires me
11 hours -
Complete abandoned projects in Akatsi North District – Chiefs to Mahama
11 hours -
Painter and sculptor B. Acheampong turning his passion for art into profitable venture
12 hours -
Presidential lodge, RM residency in Ashanti region left to rot away
12 hours -
Herty Corgie highlights the essence of gratefulness in ‘My Gratitude’
14 hours -
ANNOUNCEMENT: Joy FM temporarily goes off air January 11
14 hours -
Yango honored with two titles at the Technovation Africa Awards 2024
14 hours -
Aowin Traditional Council declares war on illegal mining with spiritual intervention
14 hours -
Leadership must ensure equity for all citizens, regardless of faith – Asiedu Nketiah
15 hours -
Prof. Alex Manu appointed Executive Director at Centre for Social Justice
15 hours