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Sarawak govt endorses Petros award of oil exploration to Petra Energy | Malaysia
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Uzma, Petra Energy JV wins onshore petroleum E&P contract in Sarawak
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The Ghana Revenue Authority (GRA) has resumed its debt distress action to recoup accumulated petroleum taxes from some Oil Marketing Companies (OMC).
As part of the exercise the GRA Thursday morning, [May 20, 2021] locked up two oil marketing companies.
They are Grid Petroleum Ghana Limited and Sonnidom Petroleum.
According to the GRA, the two OMCs have defaulted in tax payment of more than GH¢1.2million and GH¢862,000 respectively over a period of two years.
The team locked up the premises of the companies after several attempts for them to honour part payments was not successful.
Other companies the tax force chased were Santol Limited for owing GH¢57.39 million in taxes; Life Petroleum, GH¢1.14 million; Sawiz Petroleum, GH¢5.12 million; Delian and Co Limited, Ghc11.63 million and Petra Energy, Ghc20.73 million.
The Ghana Revenue Authority (GRA) has embarked on a special exercise to recover unpaid taxes from oil marketing companies across the country.
As part of the exercise, the yesterday locked up two oil marketing companies, Grid Petroleum Ghana Limited and Sonnidom Petroleum, for defaulting in tax payment of more than GH¢1. 2 million and GH¢862,000 respectively over a period of two years.
Other companies the task force chased yesterday were Santol Limited for owing GH¢57.39 million in taxes; Life Petroleum, GH¢1.14 million; Sawiz Petroleum, GH¢5.12 million; Delian and Co Limited, GH¢11.63 million and Petra Energy, GH¢20.73 million.
The debt was accrued on failure to pay petroleum taxes and levies to the state.
GRA Chases OMCs For Unpaid Petroleum Taxes Running Into Millions
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