Ghana Revenue Authority has recently issued three Practice Notes

The Ghana Revenue Authority has recently issued three Practice Notes to address various issues in the Value Added Tax (VAT) Act, 2013 (Act 870). The Practice Notes cover conditions for granting exemption for Civil Engineering Public Works, treatment of exempted imported goods supplied within Ghana, and treatment and documentation requirements for sales to and from the free zones.

• 1. VAT exemption conditions for Civil Engineering Public Works
• 2. VAT treatment of supplies exempt at importation but taxable in domestic market
• 3. Guidance on VAT treatment and documentation for supplies to and from Free Zones Enterprises
• 4. VAT invoice as a condition for corporate tax expenditure deduction

Source

• Deloitte – Indirect Tax Update
• Deloitte – Summary

---

---