Effective 6 June 2023, the Ghana Revenue Authority (GRA) started implementing the mandatory upfront VAT payment system for unregistered importers, following the passage of the VAT Amendment Act (Act 1082) in September 2022. This update provides a summary of the upfront VAT payment system, the entities and types of imports affected, and the processes for recovering VAT paid.
Source: taxathand.com
Latest Posts in "Ghana"
- Ghana’s 2025 Tax Reforms: VAT on Insurance, Fuel Levy Increases, Informal Sector Scheme Launch
- Ghana to Enforce Fiscal Electronic Device Act for VAT Compliance by Early 2026
- Ghana’s VAT Potential High, Faces Implementation Challenges, Says GRA Chief
- Ghana Reduces VAT to 20% in Major Tax Reform to Boost Compliance and Ease Business Burden
- Ghana’s 2025 VAT Reform: Key Changes, IMF Guidance, and Mid-Year Budget Highlights
