Sentences with phrase «special import levy»

«Removing import duties on raw materials and machinery for production, Abolishing special import levy, Abolishing 17.5 % VAT on imported medicine not produce in the country, abolishing 17.5 % VAT on fishing services, Abolishing the 5 % VAT on real estate sales, abolishing 17.5 % VAT on domestic airline ticket, unemployed youth to get jobs, empower small scale business in the big market.

For example, increases in capital gains tax (from 10 % to 25 %), withholding tax (from 15 % to 20 %) and the introduction of the Energy Levy (10 %), VAT on Electricity (17.5 %), VAT on Financial Services (17.5 %), Special Import Levy, etc..

He also said an NPP government would remove import duties on raw materials and machinery from production within the contest of the ECOWAS common external tariff, along with a scrapping of the special import levy.

Other Ghanaians expecting government's proposed one million dollar per constituency, one - village one - dam, One - District One - Factory, DKM customers, the scrapping of energy sector levy, reduction in electricity tariff and transport fares, reduction in Corporate tax from 25 % to 20 %, and 3 % Special import levy among others have also been pushing government to kick start the processes leading to their implementation.

• Extension of National Fiscal Stabilization Levy (NFSL) and Special Import Levy (SIL): Government removed and reduced some taxes in 2017 to support businesses and provide relief to individuals.