GRA Postpones Energy Sector Levy Implementation
The Ghana Revenue Authority (GRA) has postponed the enforcement of the revised Energy Sector Levies (Amendment) Act, 2025 (Act 1141), following a directive from the Ministry of Finance. The suspended regulation—Tariff Interpretation Order—was intended to operationalize increased charges on certain petroleum products under the Energy Sector Shortfall and Debt Repayment Levy (ESSDRL), which was originally scheduled to take effect on June 16, 2025.
Finance Ministry Intervenes After Consultations
This decision came after extensive stakeholder engagements led by the Ministry of Finance. As a result, the GRA has issued an official notice signed by Commissioner-General Anthony Kwasi Sarpong, informing internal departments, Customs officials, and key external stakeholders—including the National Petroleum Authority (NPA), Oil Marketing Companies, and Ghana Link Network Services—of the delay.
Stakeholders Notified, Awaiting New Timeline
The GRA has advised all relevant institutions, ports, and industry players to take note of the deferment and suspend any preparatory actions. A new implementation date for the revised levy will be announced in due course. The Authority has encouraged the public and stakeholders to stay tuned for further updates.
Implications for Petroleum Pricing and Industry Response
Though the levy aimed to bolster revenue collection for energy debt repayment, its postponement may temporarily ease concerns among fuel distributors and consumers. The move reflects the government’s responsiveness to stakeholder feedback and the complexity of implementing fiscal changes within the petroleum sector.
Source: https://www.myjoyonline.com
