The Ghana Revenue Authority (GRA) is cautioning all importers who qualify to register for Value Added Tax (VAT) but have failed to do so will be charged an additional 12.5% on the customs value of taxable goods they import, from June 6, 2023. This follows the implementation of the Upfront Payment Policy. According to the […]
The Ghana Revenue Authority (GRA) will from June 6, 2023 commence the implementation of the Upfront Payment Policy across the country. The Policy, which is a compliance measure, is meant for importers of taxable goods, who are required to register for VAT, but have failed to do so. The unregistered…