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Business News of Tuesday, 28 August 2018

Source: citibusinessnews.com

Protest over CTN enters second day

The strike by the Ghana Institute of Freight Forwarders (GIFF) and allied business associations enters day two today as a meeting with the Customs division at the Tema ports ended inconclusively.

The business associations are unhappy with the discomfort the implementation of the CTN is having on their operations.

The Executive Secretary of the Ghana Institute of Freight forwarders, Eddy Akrong explained on the Business Dashboard on Citi TV that the action will have to be sustained to get authorities to address their issues.

This is despite admitting to the inconveniences the strike had on clearing processes at the ports on Monday.

“So if there are 900,000 containers to Tema port in 2017 alone and a pair costs 100 dollars, there will be 450,000 containers which will result in a cost of $ 45,000,000 and this is just Tema,” he stated.

Mr. Akrong added, “Of course we are going to continue the strike on Tuesday and that will be all over the country.”

The system requires freight forwarders to provide real-time data on all consignment headed for Ghana.

For the first six months, the GRA is bearing the cost of providing the information which ranges between 100 and 200 dollars; depending on the container size.

The information is to guide the GRA in determining duties to be paid and avert under-declaration by some importers.

But Eddy Akrong insists the GIFF disagrees with the basis for the claim.

“This CTN has its portal as a standalone system and it is not connected to any known customs platform outside this country…All it is relying on is to be fed into the system from the outside. Now get the source documents and you ask somebody to put it unto your system. How do you validate that,” he argued.

For now, the opponents may only determine their fate when the GRA intensifies full implementation from next month where it will also penalize shipping lines for not complying with the directives on the CTN.