• Submit article
  • Your News
  • Advertise
  • My LiStingGh
Friday, March 5, 2021
27 °c
Labadi
27 ° Sat
28 ° Sun
28 ° Mon
28 ° Tue
  • Login
  • Register
The New Crusading Guide Online
  • Home
  • Politics
  • News
  • Africa
  • World
  • Business
  • Lifestyle
  • Tech
  • Entertainment
  • Your News
  • More News
No Result
View All Result
  • Home
  • Politics
  • News
  • Africa
  • World
  • Business
  • Lifestyle
  • Tech
  • Entertainment
  • Your News
  • More News
No Result
View All Result
The New Crusading Guide Online
No Result
View All Result
Home News

CTN To Boost Revenue By $50million Monthly …As Project Takes Off Today

News Desk by News Desk
October 15, 2018
in News, Politics
Reading Time: 3min read
A A
0
Paperless Port Rakes In GH¢5.8bn  …In 6 Months
730
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

It is the end of road and end of game for fraudsters and imposters who take advantage of the leakages at the ports to line their pockets, as government begins the implementation of the Cargo Tracking Note (CTN) system today, barring any unforeseen circumstances.

With CTN in place, all shipments to Ghana (transit cargo included), Shippers/Exporters/Forwarders at the various Ports of Loading around the World are required to obtain a validated CTN number using the global online platform and submit same together with Shipping Instructions (SI).

Each B/L must be covered by a valid unique CTN number which will also be inserted on the Cargo Manifest. Shipments not covered by a valid CTN number will not be loaded and fines may apply.

The implementation of the CTN is expected to rake into government revenue $50million every month.

Related posts

Addressing The Vaccine Myth: I Am Prepared To Take The Vaccine

Addressing The Vaccine Myth: I Am Prepared To Take The Vaccine

March 5, 2021
Election 2020…  STAMPPED,  NO RE-RUN!

Election 2020… STAMPPED, NO RE-RUN!

March 5, 2021

The path to the implementation of the CTN has however not been smooth as, aside the date for its implementation postponed many times, the Ghana Institute of Freight Forwarders(GIFF) are still in a tango over whether not the system should be implemented.

Already, a Freight forwarder has filed a case in court seeking an injunction on Ghana Revenue Authority from implementing the new Cargo tracking Note system

The plaintiff, John Kwame Adu Jack, is asking the court to also declare that the policy is illegal, unconstitutional and in breach of the provisions of the trade facilitation agreement.

The writ, brought against the GRA, the Commissioner General as well as CTN Ghana, the company tasked to implement the policy, is in reaction to the implementation of a new Cargo Tracking Note which will help in monitoring and collecting taxes for imported products.

In the statement of claim by the plaintiff, Adu Jack said the Bill of Laden is also required to be covered by a valid CTN number and shipping lines.

The implication of these is an increase in import duties, he suggested in the writ.

“Accessing the platform for business comes with tariffs or fees as per the advertisement on the home page of the defendants and failure to comply is an offence which may come with penalties and fines,” the writ said.

The plaintiff also wants the court to award cost and legal fees against the respondents.

Whereas freight forwarders claim the implementation of the policy would bring them extra cost, the government insist the new arrangement will come with no cost to the importer.

President of GIFF, Kwabena Ofosu Appiah, however, says it may head to court to stop Ghana Revenue Authority from continuing the policy which started on July 1 this year.

The Ghana Institute of Freight forwarders is one of the main groups strongly against the policy. They argued the CTN is not only a duplication of the existing platform but will also increase the cost of doing business at the port.

President of the Institute of Freight Forwarders, Kwabena Ofosu Appiah said the GRA has only succeeded in creating confusion with the introduction of the CTN.

“When we started the conversation on CTN, we came to town with a position paper and that position expanded the scope of the discussion. We didn’t end at just stating what was wrong with how GRA was going to implement it but recommended what can be done to cure the mischief around it. We suggested an upgrade of the MANIFEST STRUCTURE from 1993 to the 2011 one,” he said.

“So if you have a solution and that solution is going to create a parallel bureaucracy, and there is a platform that can conveniently take that solution why don’t allow this solution to be laid on a known platform”? – Mr Ofosu Appiah lamented

Get real time update about this post categories directly on your device, subscribe now.

Unsubscribe
Previous Post

Ghanaians Should Forgive One Another -Bagbin

Next Post

Revealed! Suhum MCE Blows GH¢160,000 On 3-Unit Classroom Blocks

News Desk

News Desk

Related Posts

Addressing The Vaccine Myth: I Am Prepared To Take The Vaccine
News

Addressing The Vaccine Myth: I Am Prepared To Take The Vaccine

March 5, 2021
Election 2020…  STAMPPED,  NO RE-RUN!
Politics

Election 2020… STAMPPED, NO RE-RUN!

March 5, 2021
Mahama Prays For Sierra Leone  …Denies Election Rigging Allegations
National

…But Mahama Disagrees

March 5, 2021
“SAME-SEX MARRIAGE WILL NEVER BE LEGALISED IN MY TIME AS PRESIDENT”  – PRESIDENT AKUFO-ADDO
National

Gborbu Wulomo Commends Nana Addo… Over Stance On LGBTQI

March 4, 2021
Sack Osei Ameyaw & Deputy…NLA Staff, LMCs Demand…as they embark on demonstrations
National

Sack Osei Ameyaw & Deputy -GYA Urges President

March 4, 2021
News

Consider The Life Of Passengers -Adai Nimo Tells Drivers

March 4, 2021
Next Post
Revealed!  Suhum MCE Blows GH¢160,000 On 3-Unit Classroom Blocks

Revealed! Suhum MCE Blows GH¢160,000 On 3-Unit Classroom Blocks

Prampram Has No Chief   …GARHC Reveals, As It Declares Parker Kwaku’s Installation Fraudulent

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

Addressing The Vaccine Myth: I Am Prepared To Take The Vaccine

Addressing The Vaccine Myth: I Am Prepared To Take The Vaccine

1 hour ago
Election 2020…  STAMPPED,  NO RE-RUN!

Election 2020… STAMPPED, NO RE-RUN!

1 hour ago
Mahama Prays For Sierra Leone  …Denies Election Rigging Allegations

…But Mahama Disagrees

1 hour ago
“SAME-SEX MARRIAGE WILL NEVER BE LEGALISED IN MY TIME AS PRESIDENT”  – PRESIDENT AKUFO-ADDO

Gborbu Wulomo Commends Nana Addo… Over Stance On LGBTQI

14 hours ago

BROWSE BY CATEGORIES

  • Africa
  • Apps & Software
  • Business
  • Culture
  • Entertainment
  • Health
  • Lifestyle
  • More News
  • myblog
  • National
  • News
  • Opinion
  • Politics
  • Reviews
  • Social Media
  • Sports
  • Tech
  • Travel
  • World
  • Your News

BROWSE BY TOPICS

2018 League Africa airbus Amidu Anas Australia Balinese Culture Bali United Budget Travel Champions League China Chopper Bike coronavirus corruption Cuba Côte d’Ivoire Ebony EC Election Results entertainment Europe France galamsey Germany Ghana India Iran Israel Liberia NDC News North Korea NPP People Portugal Reviews Russia South Africa South Korea Spain Tech UK world Woyome Zimbabwe
ADVERTISEMENT
The New Crusading Guide Online

The New Crusading Guide is a privately own newspaper in Ghana with Mr ABdul Malik Kweku Baako as its Editor in Chief. We give you the latest news

Follow us on social media:

Recent News

  • Addressing The Vaccine Myth: I Am Prepared To Take The Vaccine
  • Election 2020… STAMPPED, NO RE-RUN!
  • …But Mahama Disagrees
  • Gborbu Wulomo Commends Nana Addo… Over Stance On LGBTQI
  • Sack Osei Ameyaw & Deputy -GYA Urges President

Special Links

  • Submit article
  • Your News
  • Advertise
  • My LiStingGh

Quick Links

  • About
  • Advertise
  • Careers
  • Privacy & Policy
  • Contact
  • About
  • About
  • Advertise
  • Careers
  • Privacy & Policy
  • Contact
  • About

© 2021 The New Crusading Online - All rights Reserved. Powered by Uthink.

No Result
View All Result
  • Home
  • Politics
  • Science
  • News
  • World
  • Business
  • National
  • Sports
  • Entertainment
  • Lifestyle
  • Travel
  • Opinion
  • Tech

© 2021 The New Crusading Online - All rights Reserved. Powered by Uthink.

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?