GRA confirms July 16 start date for revised Energy Sector Levies

Jul - 02 - 2025 , 10.30am

2 minutes read

The Ghana Revenue Authority (GRA) has announced that the Energy Sector Levies (Amendment) Act, 2025 (Act 1141) will take full effect from July 16, 2025, following a one-month postponement to assess global market trends.

In an official statement signed by the Acting Commissioner-General Anthony Kwasi Sarpong, the GRA referenced its earlier notice on June 13, 2025, which deferred the levy’s implementation after consultations with the Ministry of Finance and the Ministry of Energy. The delay, the Authority explained, was necessary to monitor international market fluctuations and preserve recent stability in local fuel prices.

“Following a thorough review of prevailing market indicators and in line with the government’s commitment to ensuring stable economic conditions,” the GRA stated, “the implementation of the Energy Sector Levies (Amendment) Act, 2025 (Act 1141), will now commence, effective 16th July 2025.”

The revised levies introduce significant increases for key petroleum products. Petrol (motor spirit) will see its Energy Sector Shortfall and Debt Repayment Levy (ESSDRL) rise from GH¢0.95 to GH¢1.95, while diesel (gas oil) increases from GH¢0.93 to GH¢1.93. Marine Gas Oil (MGO) for foreign vessels will similarly jump from GH¢0.93 to GH¢1.93, though locally used MGO sees a smaller adjustment from GH¢0.03 to GH¢0.23. Heavy fuel oil levies will rise from GH¢0.04 to GH¢0.24.

Notably, liquefied petroleum gas (LPG) and naphtha remain unchanged at GH¢0.73, exempt from the latest adjustments.

The GRA has instructed importers, distributors, and customs agents to comply fully with the new rates, confirming that the Integrated Customs Management System (ICUMS) has already been updated to enforce the changes automatically.

“Your cooperation is vital to the successful implementation of this critical revenue measure, which is essential for Ghana's energy sector stability and overall economic development,” the statement emphasised.

The directive has been circulated to all ports, stations, and relevant customs departments, reinforcing the GRA’s commitment to integrity, fairness, and service in revenue mobilisation.

Source akoraradio

Comments

DCE Distributes Farming Tools to Boost Agriculture in Twifo Atti Morkwa

DCE Distributes Farming Tools to Boost Agriculture in Twifo Atti Morkwa The District Chief Executive (DCE) and Member of Parliament of Twifo Atti Morkwa, on behalf of His Excellency John Dramani Mahama, distributed farming tools, including boats and fertilizers, to local farmers. This initiative aims to enhance agricultural productivity and improve the livelihoods of farmers in the district. The DCE's efforts demonstrate the government's commitment to supporting the agricultural sector and promoting economic growth in the region. He further added at the items giving to the farmers will be monitored by the agriculture director to make sure they are using it. Anyone who will cought by selling his or her tools will be handed over to the police custody Farmers expressed gratitude to the President and the DCE for the timely intervention, which they believe will significantly impact their farming activities. This initiative is a testament to the government's efforts to promo...

Fight against Galamsey on River Pra: 4 Arrested, changfan machines, boats destroyed

Four persons were arrested in an exercise by the Twifo Atti Mokwa District Assembly in the Central Region in collaboration with its police command and the National Disaster Management Organisation (NADMO) to clamp down on illegal mining activities on the River Pra at Twifo Praso last Tuesday. The team, led by the police and the District Chief Executive, Robert Agyemang Nyantakyi, burnt five changfan machines, five boats and seized other mining equipment being used by illegal miners on the River Pra. Impact This was in response to the devastating effects of their activities on the River Pra and the environment. Last week, a two-and-a-half-year-old twins, a boy and a girl, tragically lost their lives after falling into an abandoned galamsey pit full of water. The incident occurred at Mokwa, a farming community near Twifo Praso. The incident, according to residents, was one of several in recent years caused by uncovered galamsey pits in the district. The impact of the illegal ...

Don't Wait for National Sanitation Day to Clean Your Compound" - DCE Urges Assembly Members

*"Don't Wait for National Sanitation Day to Clean Your Compound" - DCE Urges Assembly Members* Today marks National Sanitation Day across Ghana, an initiative by President John Dramani Mahama. The Twifu Atti-Morkwa District Assembly, led by Hon. Isaac Kofi Yawson, organized a clean-up exercise at Twifu Mampong, the center of Mampong Area Council. Chiefs, pastors, opinion leaders, and officials from the Assembly participated in the event. During the exercise, residents of Twifu Mampong came out in large numbers to clear principal streets and gutters. Hon. Yawson expressed gratitude to participants for their overwhelming support and acknowledged the importance of putting aside political differences to focus on development. The DCE urged assembly members not to wait for National Sanitation Day to clean their compounds, emphasizing that cleanliness should be a daily routine to combat malaria and other diseases. "Clean-up exercises must be our daily routine, which can h...

AKORA RADIO

Search This Blog