Business News of Monday, 14 September 2020Source: www.ghanaweb.comCST target for 2020 exceeded by 63% - GRA boss revealsplay videoFile photoCommissioner-General of the Ghana Revenue Authority (GRA) has revealed that the Authority has exceeded targets for the Communications Service Tax (CST) by 63%. Amishaddai Owusu-Amoah said on Friday that the target was exceeded in August 2020, for months to the end of the year. CST is charged only by electronic communications service providers who are in the provision of electronic communication classified by the National Communications Authority under the provisions of the National Communications Regulations. Speaking to journalists on Friday, September 11, 2020, in Accra during a Q&A session that followed a media engagement organised at the behest of the GRA, Mr. Owusu-Amoah said GH¢604 million has been mobilised as CST tax as of August 2020. He said when the new 5% takes effect from September 15, 2020, the GRA expects to see even more high volumes for CST tax revenues.

Source: GhanaWeb September 14, 2020 16:18 UTC