Tag: Vehicle and Assets Dealers Union of Ghana
-
Car dealers to protest over 35% penalty on duties on imported vehicles
The Vehicle and Assets Dealers Union of Ghana has disclosed that plans are underway to embark on a demonstration against the government’s decision to slap a 35% penalty on imported used vehicles which are between one and five years old. The Customs (Amendment) Act 2020, Act 1014, intends to discourage the importation of second-hand vehicles…
-
Passage of Customs Amendment bill will jeopardize over 7000 jobs – Car dealers
The Vehicle and Assets Dealers Union of Ghana says about 7,000 of its members will be adversely affected by the Customs (Amendment) Act, 2020, Act 1014. The law which has been passed by Parliament bans the importation of used vehicles older than 10 years as well as salvaged cars, also known as ‘accident cars’. But,…