The Ghana Revenue Authority (GRA) has issued a directive to postpone the implementation date of the Tariff Interpretation Order (TIO) No. 2025/004 relating to the Energy Sector Levies (Amendment) Act, 2025 (Act 1141).
This decision was made after consultations with stakeholders and follows a directive from the Minister of Finance.
The Energy Sector Levies (Amendment) Act, 2025 (Act 1141) was passed to amend the existing energy sector levies in Ghana. The Act aimed to increase the Energy Sector Shortfall and Debt Repayment Levy (ESSDRL) for selected petroleum products. The increase was initially set to take effect from June 16, 2025.
However, in a letter dated June 13, 2025, the GRA announced that the implementation of the TIO has been postponed. The letter, signed by Mr. Anthony Kwasi Sarpong, Commissioner-General of the GRA, stated that the increase in the ESSDRL would no longer take effect on June 16, 2025, as previously planned. A new effective date will be communicated in due course.
The GRA did not provide specific reasons for the postponement in the letter. However, it is likely that the decision was made to allow for further consultations with stakeholders and to assess the potential impact of the levy increase on the economy and consumers.
The postponement of the implementation of the Energy Sector Levies (Amendment) Act, 2025 (Act 1141) is likely to have significant implications for the energy sector in Ghana. The increase in the ESSDRL was expected to generate additional revenue for the government, which would be used to address the energy sector’s shortfall and debt repayment challenges. However, the postponement may provide temporary relief to consumers who would have been affected by the levy increase.
The Ghana Revenue Authority’s decision to postpone the implementation of the Energy Sector Levies (Amendment) Act, 2025 (Act 1141) is a significant development in the country’s energy sector.
The postponement is likely to have far-reaching implications for the economy, consumers, and the energy sector as a whole. As the situation continues to unfold, it is essential to monitor the developments and assess the impact of the postponement on the energy sector and the broader economy.
