• Live Radio
  • Videos
  • About
  • Contact
  • Despite Media
Ghana Election 2020
  • Home
  • Local News
  • Politics
  • Showbiz
  • Sports
  • Business
  • Opinion
  • VIDEOS
  • Media
    • Videos
    • Audio
    • Live Radio
    • Photos
  • Election 2020
Local News
 
 
 
Home Business Business News 201706

Parliament Passes Bill To Remove Taxes On Spare Parts

15-Jun-2017
/ Business News, Business
Email
Print
Comments 3
(3)
Comments
Share on Facebook Share on Twitter
 

Parliament has passed the Customs Amendment bill, despite protests from the minority arguing that the bill breaches the constitution.

The law seeks to scrap duties on both old and new spare parts brought into the country.

During the consideration of the bill Tuesday June 13, 2017, Minority Leader Haruna Iddrisu argued that the bill flouts the constitution and disrespects ECOWAS leaders.

But the Majority Leader Osei Kyei Mensah Bonsu, however, disagreed arguing that the bill was properly put before the House.

The bill was consequently passed on Wednesday June 14, 2017 to scrap the duties on spare parts exempting duties on vehicle tyres.

Ghana’s Finance Minister, Ken Ofori Atta, during his presentation of the 2017 national budget statement and economic policy in Parliament, announced among others some twelve tax scrapping and in some cases a reduction.

The Finance Minister announced that the import levy on spare parts will be abolished

Source: kasapafmonline.com

 

 
 

 

Comments ( 3 ): Post Your Comments >>

Disclaimer: Opinions expressed here are those of the writers and do not reflect those of Peacefmonline.com. Peacefmonline.com accepts no responsibility legal or otherwise for their accuracy of content. Please report any inappropriate content to us, and we will evaluate it as a matter of priority.
Featured Video
Previous Post

uniBank Donates GH¢275,000.00 To Muslim Community

Next Post

Stop Importing Used Cylinders – Frances Essiam

 
 

More Stories

More Thai Companies Come On Board For Rice Project As They Sign MoU With Jospong Group
Agric Minister Woos Rice Investors In Thailand To Ghana
KFC In Good Standing With ECG - Management Assures Customers
CEO Of Quick Angels Richard Quaye Gifts 10 Entrepreneurs With Free Seed Capital On His Birthday
Vodafone Cash And Mobile Money Limited Partner To Enable Merchant Interoperability
MobileMoney Limited And Vodafone Ghana Partner To Enable Merchant Interoperability
Huawei’s FinTech 2.0 To Support Ghana’s Mobile Money, Deepen Financial Inclusion
Vodafone Cash Leads The Charge For Digital Financial Inclusion In Ghana
Ghana's Debt Forgiveness Request From China Unlikely To Succeed - Isaac Adongo
Next Post

Stop Importing Used Cylinders – Frances Essiam

  Ghana Business News

  • General News
  • Economy
  • Banking & Finance
  • Stock Market
  • Industry/Manufacturing


 
 

Other Business News Stories

  • More Thai Companies Come On Board For Rice Project As They Sign MoU With Jospong Group

  • Agric Minister Woos Rice Investors In Thailand To Ghana

  • KFC In Good Standing With ECG - Management Assures Customers

  • CEO Of Quick Angels Richard Quaye Gifts 10 Entrepreneurs With Free Seed Capital On His Birthday

  • Vodafone Cash And Mobile Money Limited Partner To Enable Merchant Interoperability

  • MobileMoney Limited And Vodafone Ghana Partner To Enable Merchant Interoperability

  • Huawei’s FinTech 2.0 To Support Ghana’s Mobile Money, Deepen Financial Inclusion

  • Vodafone Cash Leads The Charge For Digital Financial Inclusion In Ghana

  • Ghana's Debt Forgiveness Request From China Unlikely To Succeed - Isaac Adongo

  • UMB Celebrates BOST Revival At Customer Recognition Event

 

 
 

Popular Videos

Kokrokoo Discussion Segment On Peace 104.3 FM (23/03/2023)

Kokrokoo Discussion Segment On Peace 104.3 FM (22/03/2023)

Peace Power Sports (23/03/2023)

Peace Power Sports (22/03/2023)

Akan News @ Midday On Peace 104.3 FM (22/03/2023)

Kokrokoo Discussion Segment On Peace 104.3 FM (22/03/2023)

Peace FM Online and Despite Media

peacefmonline.com offers its reading audience with a comprehensive online source for up-to-the-minute news about politics, business, entertainment and other issues in Ghana

Follow us on social media:

Category

  • Home
  • Local News
  • Politics
  • Showbiz
  • Sports
  • Business
  • Opinion
  • Trivia
  • Foreign
  • Audio
  • Photos
  • Videos
  • Elections
Decision Time
Ghana Election 2020 2016 Elections
Services
Live Radio Audio on Demand Ghana Elections Advertise with Us
Useful Links
Despite Media About Us Contact Us Feedback Form Terms and Conditions Privacy
Our Brands
Despite Media UTV Peace FM Okay FM Hello FM Neat FM Peacefmonline
  • About
  • Advertise
  • Terms & Conditions
  • Contact
  • Privacy

© 2020 Peacefmonline.com - An online portal owned and managed by Despite Media

  • Home
  • Local News
  • Politics
  • Showbiz
  • Sports
  • Business
  • Articles
  • Trivia
  • Foreign
  • Live Radio
  • Photos
  • Videos
  • Audio
  • Election 2020

© 2020 Peacefmonline.com - An online portal owned and managed by Despite Media