VATupdate

Share this post on

Relief from import VAT and levies available on raw materials for manufacturers

Ghana’s Value Added Tax Act, 2013 (Act 870) provides a relief from import VAT and applicable levies on raw materials imported into the country for use in manufacturing. As customs duties and import costs are major considerations for businesses engaged in international trade, relief from VAT and import duties can provide both cash flow benefits and reduced processing costs.

Source Deloitte

Sponsors:

VAT news

Advertisements:

  • VAT news