The Ghana Revenue Authority (GRA) has officially announced the suspension of the implementation of a new levy on petroleum products, which was scheduled to take effect on Sunday, 16th June 2025.
The levy, introduced under the Energy Sector Levies (Amendment) Act, 2025 (Act 1141), sought to adjust the Energy Sector Shortfall and Debt Repayment Levy (ESSDRL) for selected fuel products. However, the move drew widespread attention and concern from industry players and the public alike.
In a statement dated Thursday, 13th June 2025, Commissioner-General Mr. Anthony Kwasi Sarpong revealed that the decision to put the plan on hold follows a directive from the Minister of Finance, who acted after consultations with key stakeholders.
The GRA noted that while the tariff changes were intended to address shortfalls and enhance debt recovery within the energy sector, it is important to ensure the process is inclusive, transparent, and does not unduly burden consumers.
“The implementation of the Tariff Interpretation Order (TIO No. 2025/004) has been postponed. A new effective date will be communicated in due course,” the statement read.
The postponement offers some temporary relief to consumers already feeling the pinch of economic challenges, including rising transport costs and utility bills. Industry watchers have welcomed the move as a signal of responsiveness from government authorities.
Meanwhile, the GRA has directed all ports, fuel stations, and relevant enforcement agencies to take note of the suspension and ensure compliance until further notice.
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