GRA to begin implementation of GH¢1 fuel from July 16

The Ghana Revenue Authority (GRA) has announced that the GHC1 fuel levy will take effect from July 16, 2025.

This follows a decision taken in consultation with the Ministry of Finance and the Ministry of Energy to allow for a comprehensive monitoring of global market conditions and to safeguard recent gains in domestic pump prices.

The announcement was contained in a press release dated July 1.

“Reference is made to our previous communication dated 13th June 2025, which announced the postponement of the implementation of the Energy Sector Levies (Amendment) Act, 2025 (Act 1141).

“We are pleased to inform you that, following a thorough review of prevailing market indicators and in line with the government’s commitment to ensuring stable economic conditions, the implementation of the Energy Sector Levies (Amendment) Act, 2025 (Act 1141), will now commence, effective 16th July 2025.” the statement noted.

The levy will be charged on petrol, LPG, Marine Gas Oil (foreign), Marine Gas Oil (local), and Heavy Fuel Oil.

The new levy, passed by Parliament under a certificate of urgency, is intended to raise funds to clear debt in the energy sector.

The implementation was postponed twice following stiff opposition from industry players.

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