CILT-Ghana urges government to review High Import Taxes

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The President of the Chartered Institute of Logistics and Transport (CILT-Ghana), Ebo Hammond, has urged the government to consider reviewing the high import taxes being imposed on businesses at the ports. He wants the government to rather focus on generating revenue internally.

Hammond said the government’s efforts in ensuring paperless operations at the port, including the removal of all physical unauthorized road barriers are helping the country to generate revenue.

He said too much emphasis on port charges will not help improve the country’s global logistic challenges and offer smooth trade and boost logistic index.

Dr James K. Obeng,  President of the Ghana Union of Traders Association (GUTA), disclosed that the introduction of the Common External Tariffs (CET) was affecting the business operations of the Association and this is likely to take them out of business.

Dr Obeng said import and export duties has doubled due to the CET, making importation very difficult in the country

Source: Kwesi Coomson

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