Home Business Governing administration withdraws imposition of LPG Cylinder Recovery Levy

Governing administration withdraws imposition of LPG Cylinder Recovery Levy

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Authorities has withdrawn the 13.5 pesewas Cylinder Restoration Levy imposed by the National Petroleum Authority (NPA) on liquefied petroleum fuel (LPG) with immediate outcome.

The NPA on Wednesday, April 1, 2020 directed liquefied petroleum gasoline advertising and marketing providers and sector gamers to cost 13.5 pesewas on just about every kilogramme of LPG.

The Authority, in a assertion, mentioned the introduction of the levy was supposed to assistance stakeholders in the LPG source chain ahead of the implementation of the Cylinder Recirculation Module.

The transfer incurred the anger of the LPG Advertising Corporations Affiliation of Ghana and termed for the withdrawal of the levy considering that the COVID-19 pandemic has adversely impacted firms.

The LPG internet marketing corporations requested the NPA to locate innovative methods to make earnings as an alternative of imposing new levies.

But the Vitality Minister, John Peter Amewu whilst answering a dilemma on the issue at a media briefing on Covid-19 in Accra Thursday declared the withdrawal of the LPG levy.

He claimed the LPG Cylinder Restoration Levy was a proposal underneath the Cylinder Recirculation Module, describing that, because that coverage was still to be rolled out, the levy ought to be withdrawn for now.

In the meantime, the Electrical power Minister offered even more explanations on the energy reduction package supplied by the governing administration for all Ghanaians, starting from April, May and June.

He stated it would expense the nation one particular billion Ghana cedis equivalent, with 4.8 million energy metres expected to reward nationwide.



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