BusinessWorld

Standards Authority Increases Import Prices By 20%; Effective January 1

Reports gathered by bibinionline.com indicates that the charge of clearing goods at the ports will increase by 20 percent with effect from January 1, 2021.

This comes from the Ghana Standards Authority(GSA) which states the annual review of prices is to ensure that they serve clients better.

This new directive takes effect in January and it is expected to affect importers of all products.

A letter signed by the Director General of the Ghana Standards Authority (GSA) to the President of the Ghana Institute of Freight Forwarders reads below.

“We bring to the attention of your institution that effective January 1, 2020, the Standards Authority will start the implementation of its new fees and charges. Approval for the fees and charges was given by Parliament in August 2019 for implementation in the year 2020. It’s implementation was however delayed.”

To this end, the registration of importers per product group has increased by 20 percent for the annual payment.

 

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