Business News of Friday, 16 April 2021Source: www.ghanaweb.comColonel (rtd) Kwadwo Damoah, the Commissioner, Customs Division of the Ghana Revenue Authority has emphasized the need for the country to block the various leakages in the revenue generation channels. According to him, the GRA is missing out on huge sums of money due to leakages in the system. He noted in a Joy News interview that if all aspects of the customs regime were working effectively, the Custom Division of the GRA would have raked in more revenue than it targets. He further indicated that Customs could have had more revenue if they were able to have an effective post clearance audit within 2020. Colonel (rtd) Kwadwo Asamoah said that customs ability to generate more revenue was impacted by its inability conduct an effective post-clearance audit.


Source:   GhanaWeb
April 16, 2021 19:18 UTC