GRA postpones fuel levy implementation to June 16
The Ghana Revenue Authority (GRA) has postponed the implementation of the new Energy Sector Shortfall and Debt Repayment Levy to June 16, following strong opposition from oil marketing companies.
Originally set to take effect on Monday, June 9, the GHS1-per-litre levy faced stiff resistance from the Chamber of Oil Marketing Companies (COoMAC), which warned that the timing could increase fuel prices and further burden consumers.
In a statement the GRA confirmed that after discussions “in the spirit of cordiality and partnership,” it had agreed to delay the rollout by a week.
“The Association has concerns with the 9 June implementation date. We have discussed with their leadership in the spirit of cordiality and partnership and have agreed a new start date of 16 June,” the GRA stated.
The levy is part of broader government efforts to reduce debt in the energy sector. However, industry stakeholders have raised concerns about limited consultation and the potential destabilising effect on the already volatile downstream petroleum market.
The new rates will apply to all petroleum products not lifted before June 16.
- Motor Spirit (Super Petrol): from Ghc0.95 to Ghc1.95
- AGO/Diesel and Marine Gas Oil (Foreign): from Ghc0.93 to Ghc1.93
- Marine Gas Oil (Local): from Ghc0.03 to Ghc0.23
- Heavy Fuel Oil (Residual Fuel Oil – RFO): from Ghc0.04 to Ghc0.24
- Partially Refined Oil (Naphtha): from Ghc0.95 to Ghc1.95
- Liquefied Petroleum Gas (LPG) remains unchanged at Ghc0.73
Transitional guildelines:
Products lifted by Petroleum Product Marketing Companies (PPMCs) before June 16 will be charged the old rates.
“Cash-and-carry” transactions involving products lifted on or after June 1 will attract the new rates.
The directive was signed by GRA Commissioner-General, Anthony Kwasi Sarpong, who urged all ports, depots, and fuel stations to comply with the revised guidelines.
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