{"id":307719,"date":"2017-04-04T06:00:49","date_gmt":"2017-04-04T06:00:49","guid":{"rendered":"http:\/\/citifmonline.com\/?p=307719"},"modified":"2017-04-04T06:00:49","modified_gmt":"2017-04-04T06:00:49","slug":"no-tax-cuts-for-abossey-okai-spare-parts-traders","status":"publish","type":"post","link":"https:\/\/citifmonline.com\/2017\/04\/no-tax-cuts-for-abossey-okai-spare-parts-traders\/","title":{"rendered":"No tax cuts for Abossey Okai spare parts traders"},"content":{"rendered":"
Traders of imported vehicle spare parts may not be enjoying the tax cuts on their wares anytime soon.<\/p>\n
At least, this is the indication from the industry with the implementation of the scrapping of the 1 percent special import levy by the GRA.<\/p>\n
[contextly_sidebar id=”qAogGIuGzjWkwGHbZdRI7r9VdogPstWJ”]The businesses were tipped to benefit from the tax cuts to ease the cost of doing business in Ghana.<\/p>\n
But the situation may not be so. The news of the scrapping of the taxes on imported spare parts was met with much appreciation by spare parts dealers at Abossey Okai, here in the nation\u2019s capital.<\/p>\n
The traders were already indicating some price cuts following the elimination of the taxes. But the implementation of such juicy appears to be out of the radar.<\/p>\n
Apparently not happy with the development, the importers describe the move as a display of betrayal.<\/p>\n
The Executive Secretary of the Importers and Exporters association, Sampson Asaaki Awingobit, explained their frustration to Citi Business News<\/strong>.<\/p>\n