GRA Debunks COCOBOD’s Agrochemicals Auction Claims

 

The Ghana Revenue Authority (GRA) has debunked reports alleging that it is auctioning some agrochemicals, fertilizers, and other inputs due to COCOBOD’s inability to pay duties on the items.

GRA described the reports as disingenuous and misleading and urged the public to disregard the report.

In a statement, the GRA explained that, “some agrochemicals and other items were imported into the country by COCOBOD.

These items overstayed at the State Warehouse and as a result, were sent to the Uncleared Cargo List (UCL). Thereafter, the items were gazetted as the law demands.

However, because the agro products are essential commodities needed for effective running of the operations of COCOBOD, they were not allocated to a different entity.

As such, although the containers were under UCL, GRA carefully considered the request from COCOBOD and the key role it plays in the economy of Ghana and restored the items to them.”

The Ghana Revenue Authority added that COCOBOD “paid the required duties on the agrochemicals” and has therefore not auctioned any products.

“We therefore entreat the general public to disregard this false publication and to verify any such information before publication.

We further state that GRA recognizes the contribution of COCOBOD to the development of the country and will therefore not carry out any action that is detrimental to its operations while at the same time ensuring that the Tax laws are applied fairly,” the statement read.

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