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Act 903

 

            THE NINE HUNDRED AND THIRD

                  ACT

                        OF THE PARLIAMENT OF THE REPUBLIC OF GHANA


                                                              ENTITLED

               EXCISE DUTY (AMENDMENT) (NO.2) ACT, 2015 (903)

AN ACT to amend the Excise Duty Act, 2014 (Act 878) to reduce the sliding scale excise duty in respect of malt and beer from four bands to three bands and to impose excise duty on cider beer.

DATE OF ASSENT: 30th December, 2015.

PASSED by Parliament and assented to by the President:

First Schedule to Act 878 amended

1. The Excise Duty Act, 2014 (Act 878) is amended in the First Schedule (a) by the substitution for the goods listed under Commodity Description and Rate of Duty for Tariff NO.2 of

 

'2

Malt drink: Percentage use of

 

 

local raw material:

 

 

less than 50 per centum oflocal

17.5 per centum of the

 

raw material

ex-factory price

 

50 per centum to 70 per centum

10 per centum of the

 

of local raw material

ex-factory price"

 

Above 70 per centum of local

7.5 per centum of the

 

raw material

ex-factory price.

 

 

r-

 

 

 

 

 

 

 

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