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Timing for VAT introduction on electricity wrong - Energy expert - MyJoyOnline

Timing for VAT introduction on electricity wrong - Energy expert - MyJoyOnline

His regret follows government's instruction to the Ghana Revenue Authority (GRA) to collaborate with the Electricity Company of Ghana (ECG) and the Northern Electricity Distribution Company (NEDCO) to implement VAT on households that exceed the lifeline power consumption.

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It is a wrong time to introduce more VAT on electricity at this stage,” he said.

According to the energy expert, in as much as there is the cry for more money to be raised to fix the Electricity Company of Ghana and the energy sector, the implementation date should be reconsidered.

He believes there is a need for sensitisation around the VAT introduction on electricity, adding that there is a need to update ECG’s software.

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Source: MyJoyOnline
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