COMMUNICATION SERVICE TAX (CST) HAS BEEN SLASHED BY 4%


The Ghana Chamber of Telecommunication in a press release has notified Mobile subscribers and data users on the implementation of the new tariff announced by the Minister of Finance, Ken Ofori-Atta, during the presentation of the 2020 mid-year budget review.

A statement released on Monday 14th September 2020 by the CEO of the Chamber, Dr. Ing. Edem Ashigbey indicates the adjustment of products and services charge from 9% to 5%. This 4% reduction of Communication Service Tax (CST) by the government is part of the measures taken in alleviating cost burden on citizens in the wake of the global pandemic. 

This means that when customers pay the same price for a product or service they would enjoy more. This reduction comes after a wide consultation between major stakeholders across the country.

This adjustment will, however, take effect on Tuesday 15th September 2020.

FLASHBACK

The Government through the Finance Minister on October 1, 2019, announced the increment of the Communication Service Tax (CST) from 6% to 9% in the Supplementary Budget presented to Parliament which the Telecommunications adhere to the directives. This increment was however opposed by a number of citizens but falls on the deaf ears of the authorities. 






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