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GRA confirms July 16 start date for revised Energy Sector Levies

 





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

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