How much is import duties in Ghana?

How much is import duties in Ghana?

Primary Charges

TYPE OF VEHICLE IMPORT DUTY EXIM LEVY
1. Of a cylinder capacity not exceeding 1000cc 5% 0.75%
2.Of a cylinder capacity exceeding 1000cc but not exceeding 3000cc 10% 0.75%
3.Of a cylinder capacity exceeding 3000cc 20% 0.75%
4.Motor Cars designed for travelling on snow; golf cars and similar vehicles 20% 0.75%

How do I become a registered importer in Ghana?

How To Become An Importer In Ghana

  1. Here is How To Become An Importer In Ghana.
  2. Register Your Company.
  3. Hire a Clearing Agent and Obtain Trade Insurance.
  4. Register for Ghana Single Window.
  5. Apply for a Unique Consignment Reference.
  6. Begin the MDA Sub-Process.
  7. Fill Out and Submit Electronic Import Declaration Form (eIDF)

What are the restrictions on import?

May include the imposition of tariffs or import quotas, restrictions on the amount of foreign currency available to cover imports, a requirement for import deposits, the imposition of import surcharges, or the prohibition of various categories of imports. See also non-tariff barriers.

What documents are needed to import goods?

List of Documents required for Imports Customs Clearance

  • Bill of Entry.
  • Commercial Invoice.
  • Bill of Lading or Airway Bill.
  • Import License.
  • Certificate of Insurance.
  • Letter of Credit or LC.
  • Technical Write-up or Literature (Only required for specific goods)
  • Industrial License (for specific goods)
See also  What is a trade assurance?

Why do I need an import license?

An import permit ensures that the goods you intend importing, conform to the safety, quality, environmental and health requirements of the country. They must also comply with the provisions of international agreements. Import permits also help to control the inflow of goods of a strategic nature or smuggled goods.

What is import VAT Ghana?

Ghana imposes on certain imported items, such as rice, poultry, printed materials, and electricity, a 12.5 percent value-added tax, a 2.5 percent Ghana Education Trust Fund levy, a 2.5 percent National Health Insurance levy, and a 1.0 percent COVID-19 Health Recovery levy.

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