Tag: GRA
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Finance Minister commissions digital petroleum measurement project to boost Gov’t revenue
In order to realize its full revenue from various tank farms across the country, the Ministry of Finance and the Ghana Revenue Authority in collaboration with Strategic Mobilization Company, has commissioned a digital downstream petroleum products measurement project in Tema. Speaking at the commissioning ceremony, Finance Minister, Ken Ofori-Atta, said the new system will address…
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UNIPASS rakes in GHS490m in 17 days – GRA
The Ghana Revenue Authority, GRA, has reassured freight forwarders that technical challenges that have disrupted the Integrated Customs Management, ICUMS, will be addressed by the end of June. The ICUMS, also known as UNIPASS, was rolled out on June 1, to take over the single window platform from GCNet and West Blue Consult at the…
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We’ll leverage on technology to boost efficiency with new Tax Audit unit – GRA
The Ghana Revenue Authority, GRA, has said it will leverage on technology to boost efficiency at its new Tax Audit and Quality Assurance Unit. The GRA in collaboration with the Ministry of Finance have jointly inaugurated a new Tax Audit and Quality Assurance Unit to ensure a centralized audit planning process and guarantee quality auditing.…
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UNIPASS system to improve in 6 months – GRA
The Chairman of the Integrated Customs Management System (ICUMS) Technical Implementation Committee, Assistant Commissioner of Customs, Emmanuel Ohene, has assured freight forwarders that the UNIPASS clearing system at the country’s ports will improve within six months. This follows criticisms by the Ghana Institute of Freight Forwarders (GIFF), which says the new system has failed. Speaking…
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UNIPASS’ challenges alarming; restore previous system for now– GIFF to GRA
The Ghana Institute of Freight Forwarders (GIFF) has criticized the Ghana Revenue Authority, GRA, over what it describes as a failure of the newly introduced Integrated Customs Management System, ICUMS, also known as UNIPASS. The system, according to GIFF, has for the past one week since its introduction, faced series of challenges that call for…
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Manual system hasn’t returned to the ports with UNIPASS – GRA to IMANI
The Ghana Revenue Authority, GRA, has debunked claims by IMANI Africa that the country’s ports have been changed back to the pre-2002 manual systems as shipping lines, freight forwarders and clearing agents, are now being requested to provide photocopies of documents previously used to clear goods. According to them, “It is not the case that…
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GUTA urges GRA to fix UNIPASS challenges to prevent high cost of demurrage
The Ghana Union of Traders Association, GUTA, is appealing to government to speedily fix the challenges that have bedeviled the implementation of the Ghana Revenue Authority’s new Integrated Customs Management Systems, (ICUMS), also known as UNIPASS. According to them, the existing difficulties with the system which are causing delays is pushing them to pay more…
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#CitiBusinessFestival: Tax Analyst urges Gov’t to waive interest payment on deferred taxes
Businesses that have been struggling as a result of the impact of the novel Coronavirus can appeal to government to amend the law that allows the payment of interest on deferred taxes. That’s according to Tax Analyst, Dr. Abdallah Ali Nakyea. Speaking on the topic, ‘Compliance in Abnormal Times’ on the third day of the…
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Put measures in place to tax digital economy – Tax Analyst urges GRA
Tax Analyst, Dr. Abdallah Ali Nakyea, has suggested to the Ghana Revenue Authority (GRA), to put in place the necessary measures to tax digital business transactions going forward. He says this should enable the Authority to increase its revenue sources in order to meet or exceed revenue targets. The outbreak of the coronavirus pandemic has…
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Businesses now applying for TIN to be taxed after accessing GHS1bn stimulus – GRA
The Ghana Revenue Authority, GRA, says all businesses seeking to acquire TIN numbers now will be made to pay taxes after benefiting from the government’s GH¢1 billion COVID-19 Alleviation Business Support Programme for Micro, Small and Medium-scale Enterprises. Many business owners that did not have TIN numbers before the COVID-19 Pandemic have besieged the GRA…