Ghana’s Revenue Authority (GRA) has withdrawn a directive it issued to power producers to apply VAT, GETFund and NHIL charges on power distribution company, Electricity Company of Ghana (ECG).
This follows concerns raised in the media about the possibility of cost of electricity going up.
A statement issued and signed by Florence Asante, Assistant Commissioner at GRA, said the Authority is scheduling a meeting with the power producers to address the application of the VAT to the power sector.
GRA assured the general public especially power consumers that, no new taxes or are being introduced or levied on power consumption especially in the midst of COVID-19 pandemic.
Below is the full statement: