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GRA to implement GHC1 Fuel levy July 16

 


The government has announced that the implementation of the Energy Sector Levies (Amendment) Act, 2025 (Act 1141), will officially commence on Wednesday, July 16, 2025.

This follows a prior postponement by the Ghana Revenue Authority (GRA) aimed at monitoring global market conditions and preserving recent gains in domestic fuel prices.

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The decision was made in consultation with the Ministry of Finance and the Ministry of Energy, following a comprehensive review of current market indicators.

Authorities said that the timing aligns with the government’s broader efforts to maintain economic stability while addressing the financial needs of the energy sector.

The amended law, first detailed in Tax Information Circular (TIO) No. 2025/004, introduces revised rates for the Energy Sector Shortfall and Debt Repayment Levy (ESSDRL) across several petroleum products.

These changes are expected to help close funding gaps and support the repayment of legacy debts in the energy sector.

Revised ESSDRL Rates under Act 1141:

HS CodeProduct DescriptionCommon NameOld Rate (GHS/Litre)New Rate (GHS/Litre)
2710124000Motor spirit, superPetrol (PMI)0.951.95
2710192100Gas oilDiesel (AGO)0.931.93
2710192100Gas oilMarine Gas Oil (Local)0.030.23
2710192100Gas oilMarine Gas Oil (Foreign)0.931.93
2710192400Heavy fuel oilResidual Fuel Oil (RFO)0.04Unchanged

The Ghana Revenue Authority (GRA) in its statement,  encouraged stakeholders in the petroleum downstream sector to take note of the new rates and make the necessary adjustments to their pricing structures ahead of the effective date.

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The Energy Sector Levies were originally introduced to address persistent financial shortfalls in the energy sector. This latest amendment is expected to generate additional revenue to help settle outstanding debts and support critical energy infrastructure.

Officials say they will continue to monitor the impact of the revised levies and maintain engagement with industry players to ensure smooth implementation.

 

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