The Ghana Revenue Authority (GRA) says implementation of the Cargo Tracking Note (CTN), which officially began yesterday, has come to stay.
The implementation, according to GRA, is to provide greater scrutiny of major imports for both valuation and security management purposes.
Speaking at a media conference in Accra, Commissioner-General Mr. Emmanuel Kofi Nti said: “Our friends from the media, I wish to assure you that CTN has come to stay. I once again appeal to you to help GRA sensitise the trading and general public about benefits the nation stands to gain in our efforts to actualise the Ghana Beyond Aid agenda.
He explained: “From Monday, 15th October 2018, importers whose imports – from records – exceed 36 Twenty Foot Equivalent Units (TEUs) per year will be required to obtain a CTN Number in the country of export.
“This means any importer who imports less than 36 TEUs per year is exempt from CTN compliance. Further, businesses that import more than 36 TEUs per year but can demonstrate that the nature of their imports and their turnovers make them small importers will also be exempt,” he said.
He indicated that the exemptions are to ensure that small- and medium-scale importers – mostly petty-traders, market women and men, small distributors, and other small to medium businesses – are free from the requirements of this intervention.
He said government will monitor closely implementation of the important Customs-management tool, with a view to learning the needed lessons and adjusting the scope and mechanics of the policy to achieve both the valuation and security enhancement objectives of the intervention.
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