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GSA and Finance Ministry Partner to Review VAT on Transit Services

  • GSA welcomes Finance Ministry’s review of VAT regime
  • GSA advocates for abolishing VAT on services provided to transit shippers
  • GSA delegation met with Finance Ministry to discuss improving shipping operations
  • GSA believes benefits of increased transit activities outweigh VAT revenue
  • Finance Ministry acknowledged the importance of the meeting and invited GSA to submit a proposal
  • GSA and Finance Ministry agreed to educate on the Exemptions Act
  • Collaboration aims to improve trade facilitation and enhance Ghana’s reputation in international trade

Source: thebftonline.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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