GhanaStar
  • News
  • Sports
  • Entertainment
  • Politics
  • Business
  • Music
No Result
View All Result
GhanaStar
  • News
  • Sports
  • Entertainment
  • Politics
  • Business
  • Music
No Result
View All Result
GhanaStar
No Result
View All Result
Home Business

GCNet To Help GRA Meet Target

March 22, 2017
in Business
Share on FacebookShare on Twitter

Ghana Community Network Services (GCNet), the information technology company which provides trade facilitation services for the country, says it will work with the Ghana Revenue Authority (GRA) to enable it to exceed its revenue target for the year.

You Might Also Like

Nana Akufo-Addo Has Won 2020 Ghana Elections with 51.7% of the Vote

Online Casino Best-Themed Games

Utilize Reliable Exam Dumps to Attain Cisco 300-320 R&S Certification Easily

The 2017 Budget tasked the GRA to collect 33 per cent more revenue this year than it did last year, although the government has abolished and reduced some domestic taxes.

In an interview with the Daily Graphic after a workshop for a section of the media in Accra, the Product Development Manager of GCNet, Mr Carl Sackey, said GCNet, which provides the Ghana Customs Management System, would work with the GRA to satisfy any additional needs of the system to ensure that it exceeded its target.

“We are going to increase validations within the system and work with the (GRA) to develop whatever needs that have to be captured into the system,” he stated.

Validation is where documents used in clearing goods such as the Customs Classification and Valuation Report (CCVR), the Bill of Laden and customs entries in the system for the same consignment should match, else be rejected.

The product development manager said GCNet would generate more validation reports, which are essential for identifying variances and anomalies, for the authorities to follow up on.

They will also be doing a lot more reconciliation where actual duties paid will be compared with what the system generates to detect anomalies.

Validation

Mr Sackey said although validation and reconciliation were already being done with reports issued religiously, they would continue to work with the GRA and the government to increase those activities and inject more rigour so that loopholes would be tightened to improve on revenue performance.

“The reporting has always been done but we will sit with the authorities more often with our reports in hand to help with fishing out those who may want to abuse the system,” Mr Sackey stated.

Supervision

Mr Sackey stressed that supervision was crucial in getting the best out of the system, saying: “The 34 per cent increase in domestic revenue will not materialise if we relax supervision. We’ll continue to work even closely with the government to ensure that tighter supervision is brought to bear on the system.”

The revenue authority has often met its targets but exceeding it has been challenging. The head of product development said GCNet was prepared again to work with the government and the GRA revenue targets to be exceeded, saying; “This can only come from increased supervision and monitoring.”

Mr Sackey said even though valuation was not an exact science, “when the supervisors constantly review what has been done in the system, they will not only find anomalies but put the revenue collecting officers on their toes to do better.

“It is important for somebody to review the work of others. There is the post-clearance audit that could be performed as a review of the work of officers. You don’t want to keep the goods in the port unduly because of demurrage and other penalties, but you also don’t want to lose revenue,” he posited.

Mr Sackey said such audits would lead to follow-ups where agents and importers could be pursued to pay up any shortfalls detected in their values and duties, adding that if people knew that they would be brought back to pay for those, they would sit up.

Join GhanaStar.com to receive daily email alerts of breaking news in Ghana. GhanaStar.com is your source for all Ghana News. Get the latest Ghana news, breaking news, sports, politics, entertainment and more about Ghana, Africa and beyond.

Tags: accraBusiness_FinanceCarl SackeyGa-Adangbe peopleghanaGhana Community Network ServicesGhana Revenue Authorityhead of product developmentinformation technologyPaul SackeyPharmaceutical industryProduct Development ManagerRugby footballRugby unionTaxthe Daily Graphictrade facilitation servicesValidationValidity

Related News

Covid-19: President Akufo-Addo To Address Ghanaians Tonight

Nana Akufo-Addo Has Won 2020 Ghana Elections with 51.7% of the Vote

by ghanastar
December 9, 2020
0

Nana Akufo-Addo won Ghana’s national election, becoming president-elect at the third attempt and cementing the country’s reputation as a standard-bearer...

Online Casino Best-Themed Games

Online Casino Best-Themed Games

by ghanastar
July 9, 2020
0

Whether you like casino games or not, we can all agree that people like themes, and they express their lover...

Utilize Reliable Exam Dumps to Attain Cisco 300-320 R&S Certification Easily

by ghanastar
July 14, 2020
0

Cisco’s certifications are among the most popular credentials for IT professionals. The company is considered to be one of the...

Burkina Faso: Attack on Church Kills at Least 14

by
December 1, 2019
0

At least 14 people have been killed after gunmen opened fire inside a church in Burkina Faso. The victims were...

Next Post

Parliament Approves Deputy Regional Ministers

UNICEF Decries Sale of Cambodian Breast Milk To US Mothers

Categories

  • Africa & World
  • African Music Lyrics Directory
  • Business
  • Business Directory
  • celebrities
  • Computing
  • Diaspora
  • Entertainment
  • Events
  • Feature
  • Featured
  • Ghana Elections 2016
  • Headlines
  • Health
  • International
  • Internet
  • Jobs
  • lifestyle
  • Music
  • News
  • Offbeat
  • Opinion
  • Politics
  • Profiles
  • Religion
  • Security
  • Seth Terkper
  • Smart Home
  • Social Networks
  • Sports
  • Technology
  • Top Stories
  • World News

Tags

accra addo africa Association football Banks - NEC business Business_Finance chairman Donald Trump economy education Entertainment_Culture environment Geography of Africa ghana Ghanaian people government Government of Ghana Human Interest John Dramani Mahama john mahama Law_Crime mahama minister MPs elected in the Ghanaian parliamentary election Nana Addo Nana Addo Dankwa Nana Akufo-Addo National Democratic Congress National Democratic Congress (NDC) New Patriotic Party New Patriotic Party (NPP) nigeria politics Politics of Ghana president Social Issues Social Media Social Media & Networking sports United Kingdom United Nations United States Vice President War_Conflict

Recent Posts

  • Government of Ghana Unveils Official Portraits of President John Dramani Mahama and Vice President Prof. Naana Jane Opoku-Agyemang
  • Who Is the Woman (Sheena Gakpe) in Sarkodie’s Latest Hit “No Sir” and Why Everyone Is Talking about It
List of Ghana Holidays for 2020
Ghana Geocoding
Ghana Cedis Exchange API
Ghana Maps Service
Toyota Cars Auto Auction History
  • African Music Lyrics Directory
  • Business Directory
  • Diaspora
  • Top Stories

All rights reserved © 2021 GhanaStar.com

No Result
View All Result
  • News
  • Sports
  • Entertainment
  • Politics
  • Business
  • Music

All rights reserved © 2021 GhanaStar.com