The Exporters and Importers Association of Ghana has called off \u00a0its planned demonstration over the recent increment in tax stamps.<\/p>\n
The Association planned to demonstrate against what they say are high taxes being charged at the ports \u2013 a situation they say is inimical to the growth of their businesses.<\/p>\n
[contextly_sidebar id=”9JbbKCKMu1HZoh135JTwT1rBleiO9W8i”]A tax stamp is attached to certain products or documents and paid to government to indicate that a required tax has been paid.<\/p>\n
Parliament in 2013 increased the tax stamp which was meant to increase government revenue and to curb importation and smuggling of cheaper goods that unfairly compete with indigenous industries.<\/p>\n
A statement from the association indicated that the strike had been called off due to a meeting with the Metropolitan Chief Executive of the Tema Metropolitan Assembly , Isaac Ashai.<\/p>\n
The statement further revealed that the MCE will be having a meeting with the government and \u201cwill report back on the way forward to the importers and exporters association of Ghana on Tuesday, 1st<\/sup> of March 2016.\u201d<\/p>\n ‘Killer’ Taxes\u00a0<\/strong><\/p>\n The Exporters and Importers Association is not the only institution that has complained about high taxes being charged at the ports.<\/p>\n A number of business operators have also expressed over the same issue. They have threatened to embark on a three day strike from Monday, 25 February, 2016 if their concerns are not addressed.<\/p>\n –<\/p>\n By: Marian Ansah\/citifmonline.com\/Ghana
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