Aug. 15, 2019
The Association of Oil Marketing Companies (AOMCs) has refuted claims that 21 of its members collectively owe taxes and levies leading to the loss of about GH¢34.5 million in revenue to the state as contained in the Auditor-General’s Report for 2018.
According to the AOMCs, the figure quoted could also not be accurate since most of the members named in the report had paid the required taxes on schedule, while others either had their indebtedness rescheduled or reconciled appropriately.
The Coordinator for the AOMCs, Mr Kwaku Agyeman-Duah, in a press statement in Accra yesterday, said it was unfair that the Auditor-General’s Report had created the impression that its members had failed to honour their tax obligations on schedule.
“It is pertinent to note that the nature of tax payments usually results in some form of arrears from month to month on Ghana Revenue Authority (GRA) books, as to when petroleum products were lifted and when a 21 plus four days payment window starts and ends.
“Again, the Electronic Record and Document Management Systems (ERDMS) makes it impossible for OMCs/LPGMCs owing taxes, no matter how little, to continue lifting petroleum products and, therefore, the report cannot be entirely correct,” the statement added.
It was in reaction to the Auditor General’s revelation of the loss of revenue caused by the defaulting OMCs at a press conference held in Accra last Thursday.