FOURTH REPUBLIC
Act 697
THE SIX HUNDRED AND NINElY-SEVENTH
ACT
OF THE PARLIAMENT OF THE REPUBLIC OF GHANA
ENTITLED
THE CUSTOMS AND
EXCISE (DUTIES. AND OTHER TAXES) (AMENDMENT) ACT,
2006
AN ACT to amend the
Customs and Excise (Duties and Other Taxes) Act,
1996 (Act 512) to provide for the zero rating of
imported dumpers and the importation
of parts, components and accessories to assemble
light aircraft and for related matters.
DATE OF ASSENT:
23rd February, 2006 . . ENACTED by the President
and Parliament:
Import duty on
dumpers zero-rated
1. (1) A zero-rate
of import duty is hereby substituted for the five
percent import duty rate on dumpers under H.S. Codes
8704.10.00.00 and 8704.23.11.00.
(2) Statutory
overage penalty shall be exigible on used dumpers of
more than twelve years of age.
Part B
of Third
Schedule to Act 512 amended
2.
Tariff No. 52 is
hereby amended by the insertion of a new sub-section
(2) as follows;
"(2) Completely and
semi-knocked down aircraft parts, components and
accessories to assemble and as replacement parts of
light aircraft by approved operators in the Light
Aviation Industry".
Date of Gazette
notification: 24th February, 2006.
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