• About
  • Advertisements
  • Terms of Use
  • Contact
Friday, May 9, 2025
The Sikaman Times
Advertisement
  • Home
  • News
  • Business
  • Technology
  • Regional
  • Features
  • Focus
No Result
View All Result
The Sikaman Times
  • Home
  • News
  • Business
  • Technology
  • Regional
  • Features
  • Focus
No Result
View All Result
The Sikaman Times
No Result
View All Result

Government To Stop Customs Advance Ruling from January 2023

by The Sikaman Times
December 9, 2022
Government Rejects Reports of British Troops Being Dispatched to Ghana
ShareTweetSendShareSend

The Office of the Special Prosecutor (OSP) has disclosed that the government will, from January 2023, restrict the Customs Division of the Ghana Revenue Authority from granting customs advancement rulings and other discretionary rulings regarding the importation of goods.

This follows investigations by the OSP into a customs advance ruling to the tune of GHC 1,074,627.15 allegedly granted in favour of Labianca Limited, an entity belonging to a Council of Statement member, Eunice Asomah-Hinneh.

The OSP revealed in a statement on Thursday that “following its investigations and interventions at the Customs Division, the Government has reversed the discretionary discount on the free on board (FOB) value of goods and the home delivery value (HDV) of vehicles effective January 1, 2023.”

The new policy effectively eliminates all avenues for officers of the Customs Division to grant discretionary markdowns and removes opportunities for corruption and corruption-related activities, according to the statement.

BACKGROUND

On August 8th, the OSP charged Labianca Limited with corruption and influence peddling, resulting in a write-down of GHC 1.07 million in customs tax liabilities, which the company has already paid to the OSP.

The findings of the OSP on the company were challenged by the former Commissioner of Customs, Col (Rtd.) Kwadwo Damoah, and the Chamber of Freight and Trade.

According to them, the customs advance ruling, which obtains legal backing under the Customs Act 2015 (Act 891), has been in practice since its existence, and the allegations of corruption and influence peddling are far-fetched.

Advertisement Advertisement
ShareTweetSendShareSend
Previous Post

Parliament Approves 2023 Budget Statement and Economic Policy

Next Post

Church of Pentecost Firms Up Against Alcohol, Drugs, Premarital Sex etc. in New Communique

Related Posts

Second GWR sing-a-thon bid by Afua Asantewaa declared unsuccessful
Arts & Entertainment

Second GWR sing-a-thon bid by Afua Asantewaa declared unsuccessful

May 8, 2025
White smoke in Vatican: American cardinal Robert Prevost elected Pope Leo XIV
General

White smoke in Vatican: American cardinal Robert Prevost elected Pope Leo XIV

May 8, 2025
John Mahama delivers maiden State of the Nation Address: Pledges economic reset, accountability
General

24-hour economy has taken off, says President Mahama

May 8, 2025
Borteyman Police Station commissioned after years of advocacy
General

Borteyman Police Station commissioned after years of advocacy

May 8, 2025
Mahama marks first 120 days as ‘promise kept’ in national address
General

Mahama marks first 120 days as ‘promise kept’ in national address

May 8, 2025
Inflation rises slightly to 42.2% for May 2023
Business

Inflation drops to 21.2% in April 2025

May 7, 2025
Next Post
Church of Pentecost Firms Up Against Alcohol, Drugs, Premarital Sex etc. in New Communique

Church of Pentecost Firms Up Against Alcohol, Drugs, Premarital Sex etc. in New Communique

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • YEC swears in 170 youth MPs and Ministers, founder urges greater stakeholder collaboration

    YEC swears in 170 youth MPs and Ministers, founder urges greater stakeholder collaboration

    14 shares
    Share 6 Tweet 4
  • 24-hour economy has taken off, says President Mahama

    1 shares
    Share 0 Tweet 0
  • White smoke in Vatican: American cardinal Robert Prevost elected Pope Leo XIV

    1 shares
    Share 0 Tweet 0
  • Second GWR sing-a-thon bid by Afua Asantewaa declared unsuccessful

    0 shares
    Share 0 Tweet 0
  • Mahama marks first 120 days as ‘promise kept’ in national address

    1 shares
    Share 0 Tweet 0
The Sikaman Times

We bring you the best Premium WordPress Themes that perfect for news, magazine, personal blog, etc. Check our landing page for details.

Follow Us

Browse by Category

  • Africa
  • Ahafo
  • Art & Entertainment
  • Arts & Entertainment
  • Ashanti
  • Aviation
  • Banking & Finance
  • Bono East
  • Brong Ahafo
  • Business
  • Business
  • Central
  • Communication
  • Culture
  • Eastern
  • Economy
  • Education
  • Entrepreneurship & Local Business
  • Exclude
  • Features
  • General
  • Ghana
  • Greater Accra
  • Health
  • Health
  • International
  • International Trade
  • Lifestyle
  • Lifestyle
  • Media
  • National
  • News
  • North East
  • Northern
  • Oil & Gas
  • Oti
  • Politics
  • Politics
  • Real Estate
  • Regional
  • Relationship
  • Relationship
  • Religion
  • Savannah
  • Social
  • Social
  • Sports
  • Sports
  • Technology
  • Trade
  • Transportation
  • Uncategorized
  • Upper East
  • Upper West
  • Volta
  • Western

Recent News

Second GWR sing-a-thon bid by Afua Asantewaa declared unsuccessful

Second GWR sing-a-thon bid by Afua Asantewaa declared unsuccessful

May 8, 2025
White smoke in Vatican: American cardinal Robert Prevost elected Pope Leo XIV

White smoke in Vatican: American cardinal Robert Prevost elected Pope Leo XIV

May 8, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

About Us

© 2024 - The Sikaman Times

No Result
View All Result
  • Home
  • News
  • Business
  • Technology
  • Regional
  • Features
  • Focus

About Us

© 2024 - The Sikaman Times

QUICK LINKS

About

Privacy Policy

Terms Of Use

Advertisement

Contact

FOCUS

Ghana

Africa

International

CATEGORIES

General News

Business

Opinions

Politics

Technology

EXTRAS

Sports

Entertainment

Health & Wellness

STAY CONNECTED

Facebook Twitter Youtube Instagram Linkedin

© COPYRIGHT 2022-2025
The Sikaman Times