It has come to the attention of the Commissioner-General of the Ghana Revenue Authority (GRA) that some companies listed to comply with the CTN implementation have for some time now failed to comply with the directive.
The Commissioner-General wishes to remind all such companies that the CTN Policy is mandatory and that failure to comply with the directive will soon lead to inconveniences upon the arrival of Cargo as well as attract punitive measures under Customs law. Kindly take note and be advised accordingly. Read More
Ghana suffers from high information reporting gap which translates into revenue leakage.
It has been reported widely that this leakage amounts to about GHS 1.2 billion annually (Bank of Ghana, Trade Map, UN Comtrade, McKinsey & Company).
At the very heart of this import revenue leakage is a loophole around the primary information (manifest) being fed into customs systems for the purposes of document verification, classification and valuation of imports into the country.
The deficiencies around the cargo manifest and the country’s inability to secure and track import information from the source has provided fertile grounds which some importers and agents are busily exploiting to deny the state of the appropriate import revenue through the seaports of Ghana.
Over the years, Ghana Revenue Authority and successive governments have deployed various interventions to cure this cancer of manipulation of invoices & import declarations by some importers and agents.
However, none of these past interventions have gone far enough to source for shipment information directly from the origin where complete and exhaustive information about the going shipment is available.
The purpose of the CTN is to ensure that detailed, credible and verifiable information about each specific shipment bound for Ghana is promptly collated, vetted and made available to Customs in real time such that, any subsequent information (manifest & declarations by an importer or agent) before or on arrival of the cargo will be compared.
This ensures that any attempt by an Importer or Agent to manipulate the Values, Quantities, Weight, Volume, Description (with HS Code), Country of Origin, etc., is promptly detected by Customs.
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The Commissioner-General of the Ghana Revenue Authority (GRA), Emmanuel Kofi Nti has served notice that the Cargo Tracking Notes (CTN) policy will start on Monday, October 15, 2018, despite a suit challenging its implementation.
A freight forwarder, John Kwame Adu Jack has sued the GRA and CTN Ghana Limited over the policy and wants the court to declare the planned implementation of the CTN as illegal.
However, pending the determination of that suit by the courts the GRA has in a public notice signed by Mr Nti said the CTN policy will come into effect on Monday.
He also wants the court to place an injunction on the implementation of the policy which the GRA says is to provide greater scrutiny of major imports for both valuation and security management purposes.
Per the policy, importers whose imports, from records exceed thirty-six (36) Twenty-Foot Equivalent Units (TEUs) per year will be required to obtain a CTN Number in the country of export.
“This means, any importer who imports less than 36 TEUs per year is exempt from CTN compliance. Further, businesses that import more than 36 TEUs per year but can demonstrate that the nature of their imports and their turnovers make them small importers will be exempt,” the notice said.
“Those exemptions are to ensure that our small and medium scale importers, mostly petty traders, our market women and men, small distributors, and other small to medium businesses are free from the requirements of this intervention”.
The GRA also expressed gratitude to all “stakeholders for their cooperation as Ghana Customs prepares towards the rollout of this national exercise.
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We have keenly investigated about the current happenings between customs and the Trade Community with respect to the introduction of of the Cargo Tracking Notes(CTN).
The CTN basically is system that has been established by Ghana Customs with a sole objective of electronically monitoring goods while on transit, and control the goods along the corridor route to th destination. Read More
The Ghana Revenue Authority (GRA) hereby informs importers that the Cargo Tracking Notes (CTN) System takes effect from 1st July 2018. (Bill of Lading Date).
For all shipments to Ghana (transit cargo included), Shippers/Exporters/Forwarders at the various Ports of Loading around the World are required to obtain a validated CTN number using the global online platform provided and submit same together with Shipping Instructions (SI) to their Shipping Lines. Read More
Globally, access to accurate information on cargo shipment continues to be a challenge, creating a loophole for loss of revenue as some unscrupulous exporters take advantage of the system to undervalue their products as well as pose security threat to the country.
For some, the long processes involved in clearing their shipments also serves as a disincentive for them to fully provide adequate information on their cargoes when exporting. Read More
Cargo Tracking Notes (CTN) Ghana Ltd has assured importers and their clearing agents that its new advanced cargo information system will not come with additional costs.
A Management Consultant, Mr Geoffrey Nyarko Cole, at a forum with members of the Ghana Institute of Freight Forwarders in Tema, said the planned introduction of CTN would not come at extra cost to the importer or the agents.
He stated that the new system would rather block the leakages in revenue collection at the ports. Read More