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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

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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.

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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: 151
Tags: Chamber of Oil Marketing CompaniesEnergy Sector Levy (Amendment) BillFuelGhana Revenue Authority
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