There is seeming confusion over the reduction in the benchmark values for all imports announced by the Vice President, Dr Mahamudu Bawumia.
ALSOREAD: Photos: Kumasi rainstorm destroys property, one injured
A whopping 50% has been slashed on import duties except for vehicles which would be reduced by 30%.
The move, which took effect from Thursday April 4, 2019, is to decrease smuggling and enhance Ghana’s competitiveness.
ALSOREAD: I can beat Adongo in any economic debate – Abronye DC
But, importers and agents are at their wits end as to which goods fall under the benchmark:
Below is the list:
- Canned tomatoes
- Vegetable cooking oil
- Frozen poultry products
- Frozen beef
- Biscuits
- Soap
- Candies
- Fruit juice
- Rice
- Sugar
- Sardine
- Frozen fish
- Sandals
- Frozen meat
- Magarine
- Bond paper
- Diapers
- Aluminum product
- Custard
- Float glass
- PVC Ceiling panels
- Energy saving bulbs
- Car batteries
- Engine oil
- Floor tiles
- Water closet