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GRA Customs explains how imported vehicles are classified and valued for duty assessment

By GhanaSummary Newsroom1 min read
GRA Customs explains how imported vehicles are classified and valued for duty assessment

Once the classification process is completed, Customs proceeds to the valuation stage, where the customs value of the vehicle is determined before the applicable duties and taxes are calculated.

Their explanation comes amid heightened public interest in Ghana's vehicle import duty regime, particularly following discussions on customs valuation methods and the application of the Home Delivery Value (HDV) system.

Speaking on Joy FM's Super Morning Show, Principal Revenue Officer at the Safe Bond Car Terminal in Tema, Emelia Ewenam Ankrah, and Senior Revenue Officer at the Technical Services Bureau, Daniel Kwame Ntem, said vehicle duty assessment follows two key stages — classification and valuation.

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