The Supreme Court will hear a case brought before it today, Wednesday, May 4, by three members of the Minority NDC in Parliament seeking to restrict the implementation of the electronic transfer levy (E-levy).
The MPs filed the suit on Tuesday, April 19, following the bill’s passage on Tuesday, March 29, 2022, despite the Minority MPs’ walkout.
Minority MPs argue that the levy will worsen Ghanaians’ plight in the face of harsh economic challenges.
The MPs then sought an injunction to halt the implementation pending the outcome of the substantive case, but this did not prevent the implementation.
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The e-levy, which was reduced from 1.75 percent to 1.5 percent on March 29, 2022, is a tax on electronic transactions, including mobile money payments.
Despite widespread public opposition, the new tax went into effect on May 1.
Three days into the implementation, the Supreme Court set today as the date for hearing the case.
The fee is applied to electronic transactions that exceed GH100 on a daily basis.
Some people who made mobile money transfers worth more than GH100 confirmed that the 1.5 percent value tax was deducted in addition to the 1 percent service charge deducted by the sending mobile network operator.
SOURCE: CITINEWS
