• Home
  • About Us
  • Schedule
  • News
    • Citi Sports
    • Citi Business
  • Citi TV
  • Audio On Demand
  • Events
Citi 97.3 FM - Relevant Radio. Always
No Result
View All Result
Citi 97.3 FM - Relevant Radio. Always
  • Home
  • About Us
  • Schedule
  • News
    • Citi Sports
    • Citi Business
  • Citi TV
  • Audio On Demand
  • Events
Citi 97.3 FM - Relevant Radio. Always

Opponents of CTN demand strict monitoring at ports

February 19, 2018
Reading Time: 2 mins read
Importers reject tax evasion claims by AGI
Share on FacebookShare on TwitterShare on Whatsapp

Business associations want custom authorities to be tough and avert any lapses in the clearing process at the ports.

They argue that the inability to implement existing laws have partly accounted for the losses hence must be checked.

The comment comes after the suspension of the Cargo Tracking Notes (CTN) last Friday, February 16, 2018.

Obviously pleased with the decision by the Office of the Vice President to suspend the implementation of the CTN, the businesses maintain that the losses have largely been due to a lax monitoring system at the ports.

Vice President of the Association of Ghana Industries, Humphrey Ayim-Darkeh tells Citi Business News reviewing the customs documentation process to allow cross-checking of information on imports, should correct potential malpractices.

“For instance, if I import a particular consignment of goods and the forwarding agent passes the entry and the description is done by a customs and there is an element of under declaration, we will see it in the portal,” he explained.

Freight Forwarders equally maintain that compelling shippers to comply with standardized format for presenting manifests which describes the weight, volume as well as the stowage plan for a consignment of goods, should reduce under declaration.

The President of the Ghana Institute of Freight Forwarders, Kwabena Ofosu Appiah stated as,

“The shippers provide the manifest but the timing and the format that it takes; it is very crucial because if the consignment gets to the destination before manifest is provided, that could lend itself to a whole lot of discrepancies. But if it is provided from source, then everyone gets to be comfortable with the process.”

It is unclear whether the government bears any judgement debt with the latest development as managers of the platform are yet to comment on the matter.

But Citi Business News understands that there is a crunch meeting on the issue later this week to decide the next action.

For the AGI and the freight forwarders, enforcing international best practices could also improve revenue mobilization going forward.

“Guarding under-invoicing, mis-description of products, dumping and other related issues, we think the Ghana International Trade Commission ought to be inaugurated as that would be one of the institutions to complement the efforts of the AGI in meeting its goal,” Mr. Ayim-Darkeh added.

His counterpart, Kwabena Ofosu Appiah stressed, “I would want to urge the GRA on to tool its staff and make them understand the changing phase in international trade business such as Trade facilitation and its impact.”

–

By: Pius Amihere Eduku/citibusinesnews.com/Ghana

Tags: AGICTNGIFF
Previous Post

Zimbabweans mourn Morgan Tsvangirai

Next Post

Students threaten court action over law school admissions L.I

  • About Citi FM
  • Archives
  • Audio on Demand
  • CITI OPPORTUNITY PROJECT ON EDUCATION (COPE)
  • Events
  • Heritage Caravan: Registration Form
  • Home
  • Schedule
Call us: +233 30 222 6013

© 2024 Citi 97.3 FM - Relevant Radio. Always

No Result
View All Result
  • Home
  • About Us
  • Schedule
  • News
    • Citi Sports
    • Citi Business
  • Citi TV
  • Audio On Demand
  • Events

© 2024 Citi 97.3 FM - Relevant Radio. Always