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BusinessGeneralHeadlines

GRA suspends rollout of GH¢1 fuel levy indefinitely

Hamdia Mohammed By Hamdia Mohammed Published June 14, 2025
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The Ghana Revenue Authority (GRA) has suspended the implementation of the newly introduced GH¢1 Energy Sector Levy on all petroleum products.

The decision follows a directive from the Minister of Finance after consultations with key stakeholders in the energy and petroleum sector.

In a statement dated Friday, June 13, 2025, and signed by Commissioner-General Anthony Kwasi Sarpong, the GRA indicated that the suspension affects Tariff Interpretation Order (TIO) No. 2025/004, which was intended to operationalise the Energy Sector Levies (Amendment) Act, 2025 (Act 1141).

The proposed measure, which was to take effect from Monday, June 16, 2025, aimed to increase the Energy Sector Shortfall and Debt Repayment Levy (ESSDRL) on selected petroleum products.

However, the GRA has directed that all ports, stations, and relevant internal and external stakeholders take note of the postponement.

A portion of the statement read, “This directive is issued to postpone the implementation date of Tariff Interpretation Order (ΤΙΟ) No. 2025/004 relating to the Energy Sector Levies (Amendment) Act, 2025 (Act 1141).This follows a directive from the Minister of Finance, after consultations with stakeholders. A new effective date will be communicated in due course.”

This marks the second time the GRA has delayed the implementation of the levy.

Originally scheduled to be rolled out on June 9, 2025, the policy faced significant pushback from the Chamber of Oil Marketing Companies (COMAC), transport unions, and other industry players. Following initial engagements, the date was revised to June 16.

According to the GRA, the latest suspension comes as a result of further consultations involving the Ministry of Finance, the Ministry of Energy and Green Transition, the National Petroleum Authority (NPA), and other sector actors.

Meanwhile, a new implementation date, the Authority said will be communicated in due course.

Source: Ghana/Starrfm.com.gh/Hamdia Mohammed

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