The Ghana Revenue Authority (GRA) has announced plans to engage all marketing companies regarding the recently amended Energy Sector Levies Act (ESLA) 2025 to increase the levy by GH¢1.

This follows the postponement of the GH¢1 implementation of the controversial levy intended to bolster energy production and stable distribution of power to the public.

The levy which was scheduled to take effect on Monday, June 9, 2025, faced fierce resistance from the Chamber of Oil Marketing Companies (COMAC), who raised concerns over its timing and potential impact on fuel prices and by extension its consumers.

Speaking on JoyNews on Monday, June 9, 2025, and monitored by GhanaWeb Business, the Chief Revenue Officer of Customs Policy and Programmes at the GRA, Smile Agbemenu said the authority's planned engagement with the AOMCs is to ensure a smooth rollout of the levy and to avoid disruptions to business activities.

"It is just for this particular increase that we are talking about. So, we are expecting to continue an engagement to the acquisition of all marketing companies, reaching out to their members within the week, throughout the implementation and execution of business. This is a targeted increase determined by the government, and we are executing it as mandated by law. We’ve started reaching out to all marketing companies and will continue engaging them throughout the implementation process,” he said.

He noted that the GRA already has systems in place for the collection and accounting of such levies, stressing that this new measure is simply an extension of those structures.

"We have the building blocks for the collecting and the accounting for all government programmes. So, this is no different from what we are already doing. We are only adding an additional amount as government has determined," he said.

He added that companies have been categorised based on their operational models. Those under a cash-and-carry system will be required to make upfront payments before lifting their products. Others that provide acceptable security under the Customs Act will be granted a credit period.

“For companies providing the necessary security, we’ve outlined a payment schedule of 21 calendar days plus four working days,” he explained.

SP/VPO


#TrendingGH: Drivers react to government’s new GH¢1 energy levy on petroleum products