The Ghana Revenue Authority (GRA) the implementation of the law to levy vehicles with high engine capacities takes effect from Wednesday, 1st August 2018.
Under the new tax regime, vehicles with engine capacity of 2950 Cubic Centimeters and more are required to pay respective levies, the GRA said in a release Monday.
The chart below shows the levies chargeable on different engine capacities:
The levy is also imposed on vehicles existing prior to the passage of the Law with the above-listed cubic centimetres.
Also, vehicles whose roadworthiness certificates have already been renewed prior to the passage of this Law in 2018 will pay the levy starting from their next renewal date in 2019.
Meanwhile, the following categories of vehicles are exempt from the levy:
b) ambulances;
c) commercial vehicles that have the capacity to transport more than ten persons;
d) commercial vehicles for the transport of goods;