Sunday, July 27, 2025
NewsCenta
  • Home
  • News
    • Politics
    • Local
    • Education
    • Agriculture
    • World
  • Entertainment
    • Celebrities
    • Music
  • Lifestyle
  • Business
  • Sports
  • Tech
  • Opinion
No Result
View All Result
NewsCenta
  • Home
  • News
    • Politics
    • Local
    • Education
    • Agriculture
    • World
  • Entertainment
    • Celebrities
    • Music
  • Lifestyle
  • Business
  • Sports
  • Tech
  • Opinion
No Result
View All Result
NewsCenta
No Result
View All Result

GRA delays implementation of GH₵1 fuel levy to June 16

New date allows stakeholders more time to adjust to the tax measure amid economic concerns

admin by admin
June 9, 2025
in Local, News
0
GRA, fuel levy

GRA boss, Anthony Kwasi Sarpong

Share on FacebookShare on Twitter

The Ghana Revenue Authority (GRA) has officially postponed the implementation of the GH₵1 fuel levy on petroleum products following strong opposition from oil marketing companies in Ghana.

Initially set to take effect on Monday, June 9, 2025, the revised implementation date for the GH₵1 per litre fuel tax is now Monday, June 16, 2025.

You might also like

NPP flagbearer nominations

NPP to close flagbearer nominations on August 28

July 26, 2025
Sabon Zongo Asawase

Another man killed in broad daylight at Sabon Zongo in Asawase

July 26, 2025

This adjustment was made after consultations between the government and the Chamber of Oil Marketing Companies (COMAC).

The fuel levy comes under the Energy Sector Levies (Amendment) Act, 2025 (Act 1141), which aims to generate revenue to address energy sector shortfalls, reduce legacy debts, and help stabilise Ghana’s power supply.

According to a statement by the GRA, the decision to shift the enforcement date was made “in the spirit of cordiality and partnership” with stakeholders in the downstream petroleum industry. In an interview with Accra-based Citi FM, the GRA stated:

“The Association has concerns with the June 9 implementation date. We have discussed with their leadership… and have agreed to a new start date of June 16.”

As outlined in Tariff Interpretation Order (TIO) No. 2025/003, issued by Commissioner-General Anthony Kwasi Sarpong, the revised levy structure impacts several key fuel products:

  • Petrol (Motor Spirit, Super): Increases from GH₵0.95 to GH₵1.95 per litre
  • Diesel (Gas Oil): Increases from GH₵0.93 to GH₵1.93 per litre
  • Marine Gas Oil and Heavy Fuel Oil: Will also see corresponding price increases
  • LPG (Liquefied Petroleum Gas): Remains unchanged at GH₵0.73 per litre

The new fuel tax in Ghana is expected to raise significant funds to support the country’s struggling energy sector, despite public and industry concerns about the timing and economic impact.

Post Views: 217
Tags: Chamber of Oil Marketing CompaniesEnergy Sector Levy (Amendment) BillFuelGhana Revenue Authority
admin

admin

Related Stories

NPP flagbearer nominations

NPP to close flagbearer nominations on August 28

by NewsCenta
July 26, 2025
0

The New Patriotic Party (NPP) has officially released the timetable for its upcoming flagbearer primaries, marking a significant milestone in...

Sabon Zongo Asawase

Another man killed in broad daylight at Sabon Zongo in Asawase

by NewsCenta
July 26, 2025
0

Another man has been shot dead in broad daylight at Sabon Zongo in Kumasi’s Asawase constituency, marking the second fatal...

SEC scams

Ghana’s SEC alerts public to rise in AI-driven investment scams

by Kojo Emmanuel
July 26, 2025
0

The Securities and Exchange Commission (SEC) has issued a strong warning to the public to remain vigilant and avoid falling...

Mfantsiman Old Girls’

Mfantsiman Old Girls’ Health Walk set for August 2

by admin
July 25, 2025
0

The National Executive Committee of the Mfantsiman Old Girls’ Association (MOGA) is pleased to announce the MOGA National Health Walk...

Recommended

Daddy Lumba's Agyapong

Death of Daddy Lumba is an irreplaceable wound to the soul of Ghana — Agyapong

July 26, 2025
Akufo-Addo Lumba

‘A pantheon of greats’ — Akufo-Addo mourns Daddy Lumba

July 26, 2025
NPP Daddy Lumba

NPP mourns the death of highlife legend Daddy Lumba

July 26, 2025

Popular Story

  • Causes death men

    10 of top 11 causes of death killing more men in Ghana

    695 shares
    Share 278 Tweet 174
  • Bissue floors High Court and OSP at Supreme Court

    688 shares
    Share 275 Tweet 172
  • Monday, May 26, 2025 Newspaper Headlines

    668 shares
    Share 267 Tweet 167
  • Tuesday, June 10, 2025 Newspaper Headlines

    658 shares
    Share 263 Tweet 165
  • Mahama govt to complete National Cathedral

    651 shares
    Share 260 Tweet 163
NewsCenta

Newscenta is a Ghana-based news organisation publishing in print (The Newscenta Newspaper) and on a digital media platform (newscenta.com) dedicated to delivering timely and impactful news across various sectors, including politics, business, economy, technology, and culture.

  • About Us
  • Contact Us
  • Health
  • Education
  • Mining
  • Energy
  • Telecoms
  • Agriculture
  • Trade
  • Opinion
  • Videos

© 2025 All Rights Reserved NewsCenta.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • News
    • Politics
    • Local
    • World
  • Entertainment
    • Celebrities
    • Music
  • Lifestyle
  • Newspaper Headlines
  • Business
  • Agriculture
  • Education
  • Sports
  • Tech
  • Opinion

© 2025 All Rights Reserved NewsCenta.

Connect with us