ICUMS generates GH¢10.5bn for GRA despite coronavirus impact on trade volumes
Total revenue generated by the Integrated Customs Management System (ICUMS) for the Ghana Revenue Authority (GRA) has reached a record-high of GH¢10.5 billion as at December 12, 2020, according to available data.
The data presented by the GRA show that the revenue figures consist of GH¢7.6 billion for the Customs Division of the GRA from import duty generated for goods in and out of Ghana, with the rest being revenues generated by Domestic Tax Revenue Division (DTRD) of the GRA raising some GHc2.7 billion through the ICUMS.
Also, non-GRA revenues are also hovering around a little over GH¢140 million.
GRA rakes in GH¢10.5 billion due to ICUMS roll out Wed, 23 Dec 2020
Data from the Ghana Revenue Authority (GRA) show the total revenues generated by the Integrated Customs Management System ICUMS for the GRA has reached a record high of some GH¢10.5 billion as at December 12, 2020.
This consist of some GH¢7.6 billion for the Customs Division of the Ghana Revenue Authority from import duty generated of goods in and out of Ghana, with the rest being revenues generated by Domestic Tax Revenue Division DTRD of the GRA raising some GH¢2.7 billion through the ICUMS and Non GRA revenues which is also hovering around a little over GH¢140 million.
ICUMS generates GH¢10.5 billion for GRA despite coronavirus impact on trade volumes
Data emerging from the Ghana Revenue Authority GRA shows the total revenues generated by the Integrated Customs Management System ICUMS for the GRA has reached a record high of some GH¢10.5 billion as at December 12, 2020.
This consist of some GH¢7.6 billion for the Customs Division of the Ghana Revenue Authority from import duty generated of goods in and out of Ghana, with the rest being revenues generated by Domestic Tax Revenue Division DTRD of the GRA raising some GH¢2.7 billion through the ICUMS and Non-GRA revenues which is also hovering around a little over GH¢140 million.
GRA rakes in GH¢10.5 billion due to ICUMS roll out
Data from the Ghana Revenue Authority (GRA) show the total revenues generated by the Integrated Customs Management System ICUMS for the GRA has reached a record high of some GH¢10.5 billion as at December 12, 2020.
This consist of some GH¢7.6 billion for the Customs Division of the Ghana Revenue Authority from import duty generated of goods in and out of Ghana, with the rest being revenues generated by Domestic Tax Revenue Division DTRD of the GRA raising some GH¢2.7 billion through the ICUMS and Non GRA revenues which is also hovering around a little over GH¢140 million.
ICUMS generates GHc10.5billion revenue from June to December 12 Listen to article
Data emerging from the Ghana Revenue Authority GRA shows the total revenues generated by the Integrated Customs Management System ICUMS for the GRA has reached a record high of some GHc10.5 billion as of December 12, 2020.
This consist of some GHc7.6 billion for the Customs Division of the Ghana Revenue Authority from import duty generated of goods in and out of Ghana, with the rest being revenues generated by Domestic Tax Revenue Division DTRD of the GRA raising some GHc2.7 billion through the ICUMS and non-GRA revenues which is also hovering around a little over GHc140 million.