The Ghana Revenue Authority (GRA) has announced that the implementation of the Energy Sector Levies (Amendment) Act, 2025 (Act 1141), will officially begin on July 16th , 2025, following a temporary suspension last month.
In a statement signed by Acting Commissioner-General Anthony Akwasi Sarpong, the Authority referenced its earlier communication on June 13th which disclosed the government’s decision to postpone the levy’s rollout.
That move, the GRA explained, was done in consultation with the Ministry of Finance and the Ministry of Energy, to allow for closer monitoring of global market conditions and protect the progress made in stabilising local fuel prices.
Market indicators
“Following a thorough review of prevailing market indicators and in line with the government’s commitment to ensuring stable economic conditions,” the GRA said, “the implementation of the Energy Sector Levies (Amendment) Act, 2025 (Act 1141), will now commence, effective 16th July 2025.”
The Authority has directed all stakeholders—especially importers, fuel distributors, and customs agents—to take note of the new date and ensure full compliance with the provisions of the amended law.
The GRA also noted that the Integrated Customs Management System (ICUMS) has been updated to reflect the changes under Act 1141.
Describing the levy as a “critical revenue measure,” the GRA emphasised its importance in sustaining Ghana’s energy sector and supporting broader economic development.
The Authority further appealed to industry players and the general public for continued cooperation, stressing that the smooth rollout of Act 1141 is essential for maintaining macroeconomic stability and ensuring energy sector resilience.
Projections
Meanwhile projections from the Chamber of Oil Marketing Companies, (COMAC) indicate that fuel prices are likely to increase at the retail stations from the first pricing window which started yesterday.
According to COMAC, petrol may witness a two percent increase, while prices of diesel could go up by five percent. Liquefied Petroleum Gas (LPG) will see a one percent increase in prices. This would be the first time since February 2025 prices of fuel will see an increase at the pumps.
The Chief Executive of the chamber, Dr. Riverson Oppong disclosed this at a news conference in Accra.
