The Food and Beverage Association has said the government has not reached full agreement with it on issues surrounding the implementation of the tax stamp policy.
According to the General Secretary of the Association, Samuel Ato Aggrey, it is not clear-cut as to the way forward on how the stamps should be applied. He reiterated that beverage importers or manufacturers should not be forced to embark on investment that â€œthey are not ready to do.â€
He said the Association has proposed â€˜digital stampâ€™ as a solution to the problem. He believes investment in this is not only comparably affordable but also yields optimum results in terms of revenue generation.
â€œGovernment, on the other side, stands to gain if it deploys the digital stamps; with this one, itâ€™s only a software and a small machinery that would not even cost you more than 20,000 cedis, or even less, â€ he said.
Mr Aggrey said after furnishing the government with the proposal and several subsequent follow-ups with the Economic Management Team, the government is still yet to see reason with what has been presented.
He said the Association stands for tax compliance and does not seek to antagonize government.
Mr Aggrey spoke to JoyBusiness at this yearâ€™s Ghana Beverage Awards which saw one of Ghanaiansâ€™ favourite beers, Guinness, emerge product of the year.
Source: Joy Business