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GRA says it has commenced processes for the prosecution of tax defaulting OMCs

4 years ago
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GRA says it has commenced processes for the prosecution of tax defaulting OMCs

The Commissioner-General of the Ghana Revenue Authority (GRA), Rev. Ammishaddai Owusu Amoah, has said that processes leading to the prosecution of tax defaulting Oil Marketing Companies (OMCs) have commenced.

According to the Commissioner-General, this follows several engagements with the Chief Justice, Justice  Kwasi Anin-Yeboah.

The prosecution exercise comes on the back of the recent exercise by the GRA which saw outlets of OMCs being locked and closed down by the Authority’s task force.

 “We have gotten some positive responses from some affected oil marketing firms after the current exercise on the petroleum tax and other levies that were in debt. But let me use this opportunity to mention that we are moving into prosecution and very soon we will start serving the recalcitrant ones [OMCs] that have failed to heed to our [GRA] call”, he said in an interview.

Read: South African Airways to announce GSA for Ghana market on October 31

“Let me caution that they [OMCs] should use this period to come to the GRA to clear their debts or face the law because we have already had a discussion with the relevant authorities and the Chief Justice to begin prosecution” he added.

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GRA earlier this year undertook an exercise that ended in the locking up of some stations of the OMCs, due to the accumulation of petroleum tax and levies arrears,  to the tune of more than Ghs 2 million.

The exercise which lasted for more than six hours enabled the task force to engage managers of these firms to honour their tax obligations as soon as possible.

Tags: Bank of Ghana (BoG)BOGChinaCovid-19COVID-19 pandemicghanagraGRA says it has commenced processes for the prosecution of tax defaulting OMCsIMFOMCsrevenueTaxesWorld Bank
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