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Benchmark values: Keep away from the ports – Importers & Exporters to gov’t

Importers and Exporters Association of Ghana has warned the government to stay off the ports of entry as part of its drive to mobilise revenue next year.

According to the Association, it is worrying that anytime the government wants to mobilise revenue, the first point of call is the ports of entry. 

The Association argued that scrapping the 50 per cent benchmark value at the ports will lead importers of used cars to flood the system with cars with Togolese number plates. 

They contested that the introduction of the 50 per cent benchmark values has led to the disappearance of cars with Togolese number plates from the system. 

The Executive Secretary of the Association, Samson Asaki Awingobit speaking on Accra -based Asempa FM said the review of the benchmark values will lead to adjustments in freight charges at the ports.

He questioned why the scrap in the benchmark values was not discussed with stakeholders in the industry.

He said no meeting was held with stakeholders in the industry before the decision was taken by the Ghana Revenue Authority (GRA).

“As stakeholders, we are not going to sit down for such draconian decisions to be taken at the ports,” he said, adding that it will affect the business of its members.

Source: Classfmonline.com

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