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    A petrol station worker fuels a car along Kimathi street on July 14 2019,after the Energy and Petroleum Regulatory Authority (EPRA) announced new retail pump prices of petroleum products effective from July 15 to August 14, 2019.price of super petrol increase by Sh0.29 per litre while diesel and kerosene decreased by Sh0.88 and SH2.31 per litre respectively.PHOTO|SILA KIPLAGAT

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    A petrol station worker fuels a car along Kimathi street on July 14 2019,after the Energy and Petroleum Regulatory Authority (EPRA) announced new retail pump prices of petroleum products effective from July 15 to August 14, 2019.price of super petrol increase by Sh0.29 per litre while diesel and kerosene decreased by Sh0.88 and SH2.31 per litre respectively.PHOTO|SILA KIPLAGAT

    NPA allays fears of fuel scarcity in the country

    Fuel prices to rise marginally in second pricing window of May – IES

    Gov’t to put measures in place to reduce ‘imported inflation’ – Ofori-Atta

    Businesses will pass on increased cost of production from high utility tariffs – GNCCI

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    The seven factors driving high cost of living in Ghana

    A petrol station worker fuels a car along Kimathi street on July 14 2019,after the Energy and Petroleum Regulatory Authority (EPRA) announced new retail pump prices of petroleum products effective from July 15 to August 14, 2019.price of super petrol increase by Sh0.29 per litre while diesel and kerosene decreased by Sh0.88 and SH2.31 per litre respectively.PHOTO|SILA KIPLAGAT

    NPA allays fears of fuel scarcity in the country

    Over 120,000 persons reimbursed for wrongful e-levy deductions – GRA

    Fuel shortage: New policy to ensure direct delivery of fuel products underway – NPA

    Current high inflation rate not an isolated event – Seth Terkper

    Ghana needs more entrepreneurs to check imported inflation – Finance Minister

    Fuel prices to rise marginally in second pricing window of May – IES

    Samuel Dubik Mahama appointed ECG Managing Director

    Gov’t to put measures in place to reduce ‘imported inflation’ – Ofori-Atta

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    A petrol station worker fuels a car along Kimathi street on July 14 2019,after the Energy and Petroleum Regulatory Authority (EPRA) announced new retail pump prices of petroleum products effective from July 15 to August 14, 2019.price of super petrol increase by Sh0.29 per litre while diesel and kerosene decreased by Sh0.88 and SH2.31 per litre respectively.PHOTO|SILA KIPLAGAT

    NPA allays fears of fuel scarcity in the country

    Fuel prices to rise marginally in second pricing window of May – IES

    Gov’t to put measures in place to reduce ‘imported inflation’ – Ofori-Atta

    Businesses will pass on increased cost of production from high utility tariffs – GNCCI

    KIC and Mastercard Foundation launch Agri-MSMEs acceleration program

    Benjamin Dzoboku appointed as new Managing Director for Republic Bank Ghana Plc

    Gov’t to launch national airline to benefit from AfCFTA – Hassan Tampuli

    Accra Brewery PLC launches thematic campaign dubbed ‘Taste no yɛ Deep’

    BoG reiterates calls for public to report unapproved banking charges

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    Block chain’s success will depend on supportive policy environment – Prof. Quaynor

    1.5% E-Levy rate will negatively impact GH¢6.9 billion target – Prof. Quartey

    Transactions to be affected by E-levy

    Bethniel Finance emerges winner in Innovation Challenge Program

    Taxing of non-resident e-commerce entities in Ghana could push prices up – Technology Consultant

    BoG cautions against fraudulent money-doubling scheme ‘BitCash Currency Exchange’

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    Standard of cars assembled in Ghana will not be compromised – GSA assures

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    Kyle Kelhofer appointed as IFC Senior Country Manager for Benin, Ghana, Liberia, Sierra Leone, and Togo

    Greater, more diverse participation in global trade is key to achieving Africa’s economic transformation – World Bank

    Seth Terkper advises against e-levy; urges government to run to IMF

    AfCFTA members conclude negotiations on rules of origin to enhance free trade

    Implement strategies to sustain increased consumer preference for digital payments – Bawumia

    Strict enforcement of AfCFTA regulatory framework will ensure smooth implementation of PAPSS – Bawumia 

    President of Cote d’Ivoire Alassane Ouattara meets Eni’s CEO Claudio Descalzi

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GRA’s ‘controversial’ CTN policy takes effect October 15

bycitibusinessnews
October 9, 2018
in Government, Local Economy, Top Stories, Transport
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The Ghana Revenue Authority (GRA) has announced that it will fully implement the Cargo Tracking Note (CTN) system at Ghana’s ports from October 15, 2018.

The system was meant to be implemented in August 2018 but was postponed after pressure from the Freight Forwarders Association.

But a letter addressed to the Shipowners & Agents Association of Ghana, and sighted by citinewsroom.com said, “for the avoidance of doubt, all shipments made on 15th day of October 2018 and thenceforth to Ghana or with Ghana as the country of destination must be covered by a CTN number.”

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The letter indicated that Customs will not process goods imported into the country without CTN numbers.

“Goods imported into the country without the CTN, as required, would not be processed by Customs for clearance until the CTN number is provided, except where a special dispensation had been granted,” the letter said.

But the Freight Forwarders Association of Ghana has registered their displeasure again over GRA’s latest decision to go ahead with the implementation of the system despite their arguments against it.

The President of the Association, Kwabena Ofosu Appiah in an interview on Eyewitness News described the development as a “monumental display of bad faith.”

“This is a monumental display of bad faith… We had a committee of the joint business consultative forum made up of Freight forwarder associations and trade associations on one side and the Ghana Revenue Authority as the implementer on another side. Initially, we expressed our hunch about the structure of the committee because we thought that there was going to be an arbiter who will advice the presidency.”

“We had about five meetings and the structure of the meeting was just questions and answers… The road-map was that, all these issues we raised, it was going to be presented to the president so that a forum will be created for the answers to be exacted”.

He said the road-map was however not followed.

Background

The freight forwarders embarked on a strike in August 27, 2018 to protest against the implementation of the Cargo Tracking Notes (CTN) system at the ports. The action was necessitated by what the businesses described as government’s failure to heed concerns on the policy which impedes trade facilitation.

The business associations that participated in the action included; the Customs Brokers Association of Ghana, the Association of Customs House Agents Ghana, Freight Forwarders Association of Ghana and the Importers and Exporters Association of Ghana.

Strike triggered by unresolved concerns

The President of the Ghana Institute of Freight Forwarders, Kwabena Ofosu Appiah, had told Citi Business News their action is to get a possible suspension of the CTN policy.

He further explained that they were open to further consultations by the government to get their concerns addressed and possibly reduce the days for the strike.

“There are people in government who are listening, they are concerned. We want those people to know that they are not in the minority, we want those people to be assured that what they believe is wrong is wrong and we want other people who have not listened to our concerns to begin to gravitate towards us.”

The CTN requires importers to provide real-time information on all consignments to Ghana to a global monitoring platform.

The cost, which ranges between 100 and 200 dollars, is being borne by the GRA.

–

By: Jonas Nyabor/citinewsroom.com/Ghana

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A petrol station worker fuels a car along Kimathi street on July 14 2019,after the Energy and Petroleum Regulatory Authority (EPRA) announced new retail pump prices of petroleum products effective from July 15 to August 14, 2019.price of super petrol increase by Sh0.29 per litre while diesel and kerosene decreased by Sh0.88 and SH2.31 per litre respectively.PHOTO|SILA KIPLAGAT

NPA allays fears of fuel scarcity in the country

Over 120,000 persons reimbursed for wrongful e-levy deductions – GRA

Fuel shortage: New policy to ensure direct delivery of fuel products underway – NPA

Current high inflation rate not an isolated event – Seth Terkper

Ghana needs more entrepreneurs to check imported inflation – Finance Minister

Fuel prices to rise marginally in second pricing window of May – IES

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