E-levy: How charging businesses will handle refunds or consider deferments
Date: May - 01 - 2022,
E-levy: How charging businesses will handle refunds or consider deferments
E-levy: How charging businesses will handle refunds or consider deferments
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Stocks
The Ghana Revenue Authority (GRA) has provided guidelines on how billing businesses can process a rebate or refund between May 1, 2022, and June 30, 2022, under the Electronic Transfer Levy (E-Levy) effective Sunday, May 1, 2022, below of the phase method.
The guide is to assist businesses in how to handle refunds by the end of the term when the Transformed Phase of the Implementation Phase will be completed and all stakeholders will use the same platform.
Under this phased approach, it has been determined that all "online" and "off-net" transfers including transfers to "personal accounts" will be subject to e-levy. This is due to the lack of visibility on all networks due to the phased approach, dated 29 April 2022, signed by GR Commissioner General, Ammishaddai Owusu-Amoah, and directed to all charging organizations.
However, Charging Companies must issue "online" transfers between the same person's accounts where the identity can be determined.
Where the transferor is unable to provide proof (Ghanaian card or other National Identity Card including Passport, DVLA, etc.) in a manner that satisfies the Charging Business that the receiving account is indeed his or her account, the billing company will use its internal processes to process refunds/refunds, it said.
It said charging organizations should submit to GR (in addition to the prescribed tax form) a list of all claims made regarding refunds.
The Charging entity shall submit to the GRA (in addition to the prescribed tax form) a list of all claims made in respect of the above.
The Ghana Revenue Authorities may, in collaboration with the Charging Entity, use any other evidence available to it to prosecute a claimant who makes a claim fraudulently.
The Charging entity shall submit to the GRA (in addition to the prescribed tax form) a list of all claims made in respect of the above.
The Ghana Revenue Authorities may, in collaboration with the Charging Entity, use any other evidence available to it to prosecute a claimant who makes a claim fraudulently.
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