The Communication Service Tax (CST) has taken effect but many in the public remain unaware of its implementation.
  The CST was hiked from six per cent to nine per cent in the mid-year  review and supplementary budget presented to Parliament by Mr Ken  Ofori-Atta, the Minister of Finance.
  This, would affect the cost of telecommunication services rendered to  customers by the companies including Vodafone Ghana, AirtelTigo, and MTN  Ghana. A statement issued by the Chamber of Telecommunications, said  the CST, has been increased from six per cent to nine per cent and would  be applied to any recharge purchased by customers.
 It said with every GHC 1.00 worth of recharge or airtime purchased, a  nine per cent CST fee would be charged leaving GHC 0.93 per cent for  purchase of products and services.
  While some members of the public, who spoke to the GNA said they were  unaware of the new tax, others said although they had heard of it, they  were not aware that it was going to take effect from October 1.
  Madam Loyce Eyram Sekpla, a 40-year old Pharmacist, said: “As for my  house, we do listen to news every time so we have heard of it. Just that  we didn’t know it was going to take effect soon.”
  On the other hand, Nii Laryea Taigoe, a mobile money and recharge card  merchant told the GNA, that he had not heard of the new development at  all and was hoping that it didn’t affect their business.
  “Me, I do mobile money, but I haven’t heard of this. I’m only hoping  that it doesn’t affect the movement of my work and sale of recharge  cards because I know customers will complain by all means,” he said.
  The revised tax according to the Finance Minister would promote development of a viable technology ecosystem in the country.
  Among the benefits the state would enjoy in the implementation of the  revised CTS is the protection of users of information technology, combat  money laundering and identification and combating of crime.
Source: GNA

