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Customs Excise (Petroleum Taxes and Petroleum related Levies) Act, 2005 🇬🇭


Coat of Arms
Republic of Ghana


The six hundred and eighty-fifth

Act

of the parliament of the republic of ghana
entitled

Customs Excise (Petroleum Taxes and Petroleum related Levies) Act, 2005

  • Published by Government Gazette on 23 February 2005
  • Commenced on 23 February 2005
  1. [Repealed by Customs Excise (Petroleum Taxes and Petroleum related Levies) Repeal Act, 2017 (Act 943 of 2017) on 14 March 2017]
AN ACT to revise duties, taxes and levies on specified petroleum products and to provide for related purposes.ENACTED by the President and Parliament.

1. Imposition of Ad Valorem Duty on Petroleum Products

(1)There is imposed by this Act on the petroleum products specified in column 1 of Schedule 1 ad valorem duty of 15% of the ex-refinery price of the products.
(2)The ad valorem duty shall be collected by the Customs, Excise and Preventive Service at the strategic storage depots for petroleum products provided for under the Energy Commission Act, 1997 (Act 541).

2. Imposition of a Fixed Tax on Petroleum Products

(1…

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