Connect with us

Business

Emissions Levy Implemented Starting Today

Published

on

Emissions Levy Implemented Starting Today

The Ghana Revenue Authority (GRA) has officially launched the implementation of the Emissions Levy Act, 2023 (Act 1112) starting today. This Act imposes a levy on carbon dioxide equivalent emissions specifically targeting internal combustion engine vehicles.

The introduction of the Emissions Levy aligns with the government’s ongoing efforts to combat greenhouse gas emissions, aiming to incentivize the adoption of eco-friendly technology and green energy solutions.

Under this levy structure, the amount payable varies depending on the type of vehicle and its engine capacity:

  • Motorcycles and tricycles are required to pay GH₵75 per annum.
  • Motor vehicles, buses, and coaches with engine capacities up to 3000 cubic centimeters are subject to a levy of GH₵150 per annum.
  • Motor vehicles, buses, and coaches with engine capacities exceeding 3000 cubic centimeters, as well as cargo trucks and articulated trucks, are required to pay GH₵300 per annum.

In response to the implementation of the emissions levy, the Ghana Private Road Transport Union (GPRTU) has indicated its intention to adjust transport fares accordingly. Abbas Imoro, the Public Relations Officer of GPRTU, highlighted the need for a transparent and fair approach in setting new fares.

Imoro stated, “We have alerted the whole nation that it is wrong to pay two different [fees] on one item. If the authorities have failed to heed the awareness we have created, so be it. It is fortunate that we haven’t finalized our decision on upward adjustments in lorry fares.”

He emphasized the importance of factoring in the emissions levy when determining any fare adjustments, underscoring the need for clarity and communication with passengers regarding any changes.

Continue Reading

Trending