{"id":27295,"date":"2021-08-12T15:59:54","date_gmt":"2021-08-12T15:59:54","guid":{"rendered":"https:\/\/www.kumasionlinegh.com\/?p=27295"},"modified":"2021-08-12T15:59:55","modified_gmt":"2021-08-12T15:59:55","slug":"28-omcs-failed-to-pay-taxes-worth-ghs226-9m-between-2018-and-2019-audit-report","status":"publish","type":"post","link":"https:\/\/www.kumasionlinetv.com\/?p=27295","title":{"rendered":"28 OMCs failed to pay taxes worth GHS226.9M between 2018 and 2019 \u2013 Audit Report"},"content":{"rendered":"\n<p>A report released by the Auditor General\u2019s Department has said that 28 Oil Marketing Companies (OMCs) failed to pay GH\u20b5226,942,904.00 taxes on petroleum products they lifted from the Tema Oil Refinery (TOR) between July 2018 to December 2019.<\/p>\n\n\n\n<p>This was contained in the 2020 Auditor General\u2019s report on the public accounts of Ghana.<\/p>\n\n\n\n<p>According to the report, these OMCs failed to comply with Section 104 of the Customs Act 2015 (Act 891).<\/p>\n\n\n\n<p>It has thus recommended to the Commissioner of the Customs Division to recover those monies without any further delays.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\u201cSection 104 of the Customs Act, 2015 (Act 891) provides that where the Commissioner-General establishes that a person owes duty or tax arrears, that person shall within thirty days of a written request by the Commissioner-General refund the money or pay the duty or tax arrears owed.\u201d<\/p><p>\u201cOur audit disclosed that 28 OMCs from July 2018 to December 2019, lifted various petroleum products without paying the required duties and taxes totaling GH\u00a2226,942,904.00 to GRA-Customs Division.\u201d<\/p><\/blockquote>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\u201cWe recommended to the Commissioner, Customs Division to recover the amount of GH\u00a2226,942,904.00 from the OMCs without any further delay.\u201d<\/p><\/blockquote>\n\n\n\n<p>The document is titled: \u201cReport of the Auditor-General on the public accounts of Ghana \u2013public boards, corporations, and other statutory institutions for the year ended 31 December 2020\u201d.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>10 OMCs failed to pay GHc33M taxes in 2018<\/strong><\/h4>\n\n\n\n<p>The 2018&nbsp;<strong><a href=\"https:\/\/citinewsroom.com\/2019\/08\/10-omcs-failed-to-pay-ghc33m-tax-levies-between-2016-and-2017-report\/\" target=\"_blank\" rel=\"noreferrer noopener\">Auditor-General<\/a>&nbsp;<\/strong>also accused ten Oil Marketing Companies (OMC) of causing the state to lose about GHc33,675,044 between 2016 and 2017.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\u201cOur review of petroleum products lifted at TOR between November 2016 and November 2017 showed that 10 OMCs defaulted in the payment of excise duties, taxes and levies amounting to GH\u00a233,675,044,\u201d a report from the Auditor General stated.<\/p><\/blockquote>\n\n\n\n<p>The report blamed the Ghana Revenue Authority (GRA) for failing to collect tax revenue, apply measures and sanction the defaulting OMCs.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\u201cIncluded in this tax irregularity was GH\u00a233,675,044 due from ten oil marketing companies who failed to pay taxes on petroleum products lifted at TOR between November 2016 and November 2017.\u201d<\/p><\/blockquote>\n\n\n\n<p>Source :citinewsroom.com<\/p>\n\n\n\n<p><strong>Send your news stories to&nbsp;<a href=\"mailto:dannyboy744@gmail.com\">dannyboy744@gmail.com<\/a>&nbsp;and via WhatsApp on +233 266777777<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A report released by the Auditor General\u2019s Department has said that 28 Oil Marketing Companies (OMCs) failed to pay GH\u20b5226,942,904.00 taxes on petroleum products they lifted from the Tema Oil Refinery (TOR) between July 2018 to December 2019. This was contained in the 2020 Auditor General\u2019s report on the public accounts of Ghana. According to [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":27297,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"iawp_total_views":0,"footnotes":""},"categories":[944],"tags":[],"class_list":["post-27295","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-top-news-top-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>28 OMCs failed to pay taxes worth GHS226.9M between 2018 and 2019 \u2013 Audit Report - Kumasi Online TV<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.kumasionlinetv.com\/?p=27295\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"28 OMCs failed to pay taxes worth GHS226.9M between 2018 and 2019 \u2013 Audit Report - Kumasi Online TV\" \/>\n<meta property=\"og:description\" content=\"A report released by the Auditor General\u2019s Department has said that 28 Oil Marketing Companies (OMCs) failed to pay GH\u20b5226,942,904.00 taxes on petroleum products they lifted from the Tema Oil Refinery (TOR) between July 2018 to December 2019. 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