Benchmark Values: Purported review circulating on social media yet to receive approval from government – GRA

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The Ghana Revenue Authority (GRA) says government is yet to approve the proposal for a review of the port benchmark values.

This clarification from the Revenue Authority follows a purported information making rounds in the media space that government has reviewed the port benchmark values of a certain list of products imported into country.

According to the said information, the alleged review is set to be implemented today, Monday November 15, 2021.

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But the Ghana Revenue Authority in a press release has clarified that the purported review has not been approved by government for implementation hence the public should disregard the information which is misleading the public.

The Authority added that a such a policy review, per their laws, will only be communicated in the 2022 Budget Statement and Economic Policy of government.

“The attention of the Ghana Revenue Authority has been drawn to information circulating on social media with details of a list of products whose benchmark value discounts will be reviewed from Monday, 15th November 2021,” the GRA said in their release.

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The release added that, “we wish to state that this document has not received policy approval for implementation. Such policy approval, when obtained will be communicated during the 2022 Budget Statement presentation scheduled for 17th November 2021.”

 

SourceABC News

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