Reduce prices of handsets to reflect tax regime - Kwaku Sakyi-Addo
The Chief Executive Officer of the Telecommunications Chamber, Mr Kwaku Sakyi Addo, has asked mobile phone distribution companies to ensure that the prices of their devices reflect the recent reduction in import duties on mobile handsets from 20 per cent to 10 per cent.
He explained that the reduction in import duties to reflect what pertained in the ECOWAS community was the result of series of dialogues with the government.
“Today, we are happy to say that our efforts have not been in vain. Following our persistent dialogue with government and relevant key stakeholders such as the ministries of Communications and Finance, the government’s tax regime has been aligned with that of ECOWAS under the Common External Tariff (CET),” he said at the luanch of the TECNO Phantom 6 and 6 Plus in Accra.
He explained that the alignment had reduced the import duty on handsets from 20 per cent to 10 per cent while removing the Valued Added Tax (VAT) on handsets.
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