Story By: Akua Oteng Amponsah
The Ghana Revenue Authority (GRA) is set to engage with Oil Marketing Companies (OMCs) and other key players in the petroleum sector this week to discuss the implementation of the new Energy Sector Shortfall and Debt Repayment Levy.
“We were supposed to engage the oil marketing companies over the weekend beyond the publications, but it has been deferred to this week,” Smile Agbemenu, Chief Revenue Officer at the Customs Policy and Programmes Department, explained.
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The levy, which will see consumers pay GH¢1.00 on every litre of petrol or diesel purchased, is expected to raise additional revenue to help pay energy sector shortfalls, reduce legacy debts, and stabilise power supply.
Mr. Agbemenu clarified that kerosene is exempt from the levy, as it was not included in the new law.
“We already have the structures in place with the OMCs, so nothing is changing operationally except the additional GH¢1.00 for petrol and diesel and the 20 pesewas collection for the other affected products,” he added.
The GRA had initially announced that the levy would take effect from June 9, 2025, but following consultations, the implementation date has been revised to Monday, June 16, 2025.
“We expect discussions with them by tomorrow [June 10, 2025] just to explain further the Commissioner-General’s tariff interpretation order regarding the collection of the additional GH¢1.00 for super and diesel and the 20 pesewas for other affected fuels,” Mr. Agbemenu said.
The engagement aims to ensure alignment with industry players and provide clarity on the implementation mechanisms and application of the levy.
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