The Ghana Revenue Authority (GRA) has announced that the implementation of the Energy Sector Levies (Amendment) Act, 2025 (Act 1141), will officially commence on Wednesday, July 16, 2025.
The implementation of the levy was postponed following a directive by the Ministry of Finance in response to the conflict between Israel and Iran.
The decision was made in consultation with the Ministry of Finance and the Ministry of Energy, following a comprehensive review of current market indicators.
In a statement signed by Acting Commissioner-General Anthony Akwasi Sarpong, the GRA cited an earlier communication on June 13, which disclosed the government’s decision to postpone the levy’s rollout.
The latest statement issued by the GRA stated that “Following a thorough review of prevailing market indicators and in line with the government’s commitment to ensuring stable economic conditions,” the GRA said, “the implementation of the Energy Sector Levies (Amendment) Act, 2025 (Act 1141), will now commence, effective 16th July 2025.”
The GRA has therefore directed all stakeholders—especially importers, fuel distributors, and customs agents—to take note of the new date and ensure full compliance with the provisions of the amended law.
It added that the Integrated Customs Management System (ICUMS) has been updated to reflect the changes under Act 1141.
Meanwhile, the GRA has stressed the need for industry players and the general public to comply with the implementation of the election since it is essential for maintaining macroeconomic stability and ensuring energy sector resilience.
By: Rainbowradioonline.com/Ghana
