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GRA Postpones Implementation of New GH¢1 Fuel Levy Following Finance Ministry Directive

Shadrack Koomson by Shadrack Koomson
June 14, 2025
in News, Politics, Uncategorized
0

The Ghana Revenue Authority (GRA) has announced the postponement of the implementation of the controversial GH¢1 levy on petroleum products, which was scheduled to take effect on June 16, 2025.

The levy, introduced under the Energy Sector Levies (Amendment) Act, 2025 (Act 1141), was to be implemented through Tariff Interpretation Order (TIO) No. 2025/004, affecting the Energy Sector Shortfall and Debt Repayment Levy (ESSDRL) on selected fuel products.

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In an official circular signed by Commissioner-General Mr. Anthony Kwasi Sarpong, the GRA indicated that the decision to suspend the implementation was made following a directive from the Minister of Finance. This came after consultations with key industry stakeholders and interest groups.

“Accordingly, the increase in the Energy Sector Shortfall and Debt Repayment Levy (ESSDRL) for selected petroleum products, which would have taken effect from the 16th of June 2025, has been postponed. A new effective date will be communicated in due course,” the statement read.

The proposed levy sparked widespread public concern, with many Ghanaians expressing frustration over the potential impact on fuel prices and the cost of living. The postponement is expected to bring temporary relief to consumers and provide an opportunity for further dialogue between government and stakeholders.

The GRA has assured all ports and stations to take note of the suspension and await further communication. It remains unclear when a new date for the implementation will be announced.

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This move is seen by many as a response to rising public pressure amid ongoing economic challenges.

Below is statement released by Ghana Revenue Authority;

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Tags: Dumsor LevyEnergy Sector LevyFuel levyGhana Revenue AuthorityGRAGRA CommissionerMinistry of Finance
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Shadrack Koomson

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