The Ghana Plastic Producers’ Affiliation (GPMA) has introduced plans to stage an illustration on Wednesday, July 10.
That is to protest in opposition to imposing a 5% excise tax on all domestically manufactured plastic merchandise.
In an announcement issued by the GPMA President, Ebow Botwe, they expressed dissatisfaction with the tax and vowed to oppose it.
The assertion added that the protest would begin from the Kwame Nkrumah Avenue, proceed by Accra Technical College, and conclude on the Ministry of Finance.
Earlier in June, the affiliation threatened to stop manufacturing for per week if the Ministry of Finance didn’t handle its request for intensive consultations relating to the implementation of the excise tax.
They famous that regardless of sending a letter requesting a gathering in April 2024, they’d not acquired a response from the Ministry of Finance.
Background
In March 2024, by the Ghana Income Authority (GRA), the federal government petitioned the plastic producers to start out paying a 5 per cent excise tax on all domestically manufactured plastic merchandise.
The GPMA embody the Nationwide Affiliation of Sachet & Packaged Water Producers, the Ghana Union of Merchants Affiliation, the Affiliation of Ghana Industries and the Meals & Beverage Affiliation of Ghana.
GPMA referred to as on the federal government to right away droop the 5 per cent tax on the ex-factory value of all domestically manufactured plastic merchandise.
The plastic producers argued that the newly imposed tax would have an effect on the overall manufacturing enterprise group and clients as a result of it will enhance the costs of merchandise in the marketplace.
The affiliation referred to as for higher, deeper, and broad-based stakeholder session on the concept of any excise tax on domestically manufactured merchandise and for establishing a well-defined domestically manufactured plastic record together with the suitable tips to keep away from unambiguity of the legislation.