New NPA levy will burden consumers further – LPG Marketing Companies Association

Source The Ghana Report

The Liquefied Petroleum Gas (LPG) Marketing Companies Association is petitioning the National Petroleum Authority (NPA) to halt the implementation of its newly imposed $80 per metric ton (MT) tax on LPG.

This is part of the Suppliers’ Premiums, specifically allocated for Bottling Plant and Cylinder Investment Margins, which the association says the timing is wrong.

According to the association, consumers are currently grappling with the high cost of living in the country, hence the new tax will further burden the consumer.

The NPA announced its decision to impose a new tax on LPG in the recent pricing structure revision which took effect from April 1, 2024.

However, speaking in an interview, Vice President of the association, Gabriel Kumi said the timing for the imposition of the new tax is unfortunate.

“In the coming days, we will be appealing to the NPA to take measures to remove this levy. The timing is so wrong and Ghanaians are already suffering and LPG consumption is declining. We can’t add salt to injury in this manner”, he said.

The association also indicated that it will fearlessly resist the new tax should the NPA go ahead with its implementation.

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