The Ghana Revenue Authority will this week begin an intensive engagement with Oil Marketing Companies (OMCs) and other stakeholders on the implementation of the new Energy Sector Shortfall and Debt Repayment Levy.
The levy will result in payment of GH¢1.00 on every liter of petrol or diesel purchased.
This engagement is part of a consultative approach by the implementing agency to have all industry players align with the mechanism of implementation which begins from the second window of the month.
Chief Revenue Officer for Customs Policy and Programmes Department at the Ghana Revenue Authority, Smile Agbemenu has been explaining to Joy Business that this is the usual convention by GRA in the collection of levies and implementation of new tax laws as the implementing body.
“We were supposed to engage the oil marketing companies over the weekend beyond the publications but it has been deferred to this week and so we expect a discussion with them by tomorrow [June 10, 2025] just to explain further the Commissioner General’s tariff interpretation order with regards to the collection of additional GH¢1.00 for super and diesel and others which is 20 pesewas”.
“This does not affect kerosene because it has not been added to this new act so these are some of the things we put in place”, he explained.
Let me also indicate that we already have the structures with them. So therefore nothing is changing except for the additional GH¢1.00 collection for super and diesel and the 20 pesewas collection for those others affected. Nothing really is changing because this is something we have been going through with them over a long period, so they are familiar with and know that this is how we implement,” he clarified.
The GRA earlier issued an interpretation order to the companies and stakeholders at the port for collection on 9th June 2025, but after several engagements and dialogue, all parties agreed to allow further consultation to make adjustments to their systems.
The new effective date is now confirmed as Monday, 16th June 2025, replacing the initially communicated date of 9th June 2025.
The act was introduced to raise additional revenue to support the payment of energy sector shortfalls, reduce energy sector legacy debts, stabilise power supply, and provide for related matters.
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