HomeBusinessBusinessGRA addresses reports of billions lost in E-VAT revenue

GRA addresses reports of billions lost in E-VAT revenue

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The Ghana Revenue Authority (GRA) has responded to reports claiming that the nation has lost billions in revenue due to the implementation of the Electronic Value-Added Tax (E-VAT) system.

In a statement issued today, the GRA provided clarity on its phased approach to E-VAT implementation and highlighted the positive impact seen so far.

The statement comes in the wake of some publications circulating in the media that the E-VAT is in limbo, and has caused Ghana to lose billions in revenue.

According to the GRA, the rollout of the E-VAT system has been conducted using a phased approach, with the pilot phase already completed successfully.

Read the full statement below:

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