In a notice issued by the GRA, it said “it will go ahead with implementing two out of the various taxes that were passed from May 1, 2021.”The two new taxes are the COVID-19 health recovery levy and the Energy Sector levy. With the COVID-19 health recovery levy, a toll of 1% has been imposed on the supply of goods and services in the country. Goods and services subject to VAT flat rate will also witness this imposed 1% levy. On the Energy Sector levy, fuel prices at various pumps will witness a 20% increment per litre. LPG will see 18 pesewas increment per litre as well.
