Ghana Mining Crushing Equipment Import Tax

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Ghana import duty is assessed based on volume, weight or value of an item, and is subject to change every year. Import duty rates range from 0%, 5%, 10% and 20%, and the fees are collected by the Ghana Customs Division.

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accrued in, brought into or received in Ghana after the necessary adjustment are made. The rate of tax is generally 25%. There are different rates applicable to certain companies (refer to ‘Incentives’ below). From 2012, mining companies are to pay corporate tax at a …

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Ghana currently uses the Harmonized System (HS) Customs Code to classify goods. Taxes that are assessed on the basis of weight, value or volume are subject to change annually. Goods arriving in the country may be subject to import duty, Value Added Tax (VAT), special tax and import excise duty.

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Feb 16, 2014· An official at the Small Tax Office of the Domestic Tax Revenue Division of the Ghana Revenue Authority also announced at a seminar on 4 December that, with effect from the end of 2014, the possession of an 11-digit unique Taxpayer Identification Number would be a prerequisite for individuals earning taxable income to, inter alia, …

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The Government of Ghana recently imposed a five percent import duty on some items that were previously zero-rated, to conform to the ECOWAS common external tariff. The Ghanaian tax system is replete with tax concessions that considerably reduce the effective tax rate.

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Import Excise is also levied as an additional tax on some selected commodities.a) F1 (Goods imported or purchased in Ghana by or for the use of the Head of State of Ghana).Exemptions under the Mining List are still restricted to …

Taxes that are assessed on the basis of weight, value or volume are subject to change annually. Goods arriving in the country may be subject to import duty, Value Added Tax (VAT), special tax and import excise duty.

Ghana imports mostly ... 19.00.10 of the HS Code shall now be admitted free of Import Duty. ... and Equipment. All other items under the Mining List will attract ...

Taxes consist of the income taxes, sales and service taxes administered by the Domestic Tax Revenue Division (DTRD) of the Ghana Revenue Authority (GRA) and customs and excise duties administered by the Customs Division (CD) of the GRA.