I Will Withdraw Law Banning The Importation Of Salvaged Vehicles - Mahama

I Will Withdraw Law Banning The Importation Of Salvaged Vehicles - Mahama

 

 

Flagbearer of the National Democratic Congress, John Dramani Mahama has hinted at withdrawing the law that bans the importation of salvaged vehicles into the country should he be voted into office. Mahama says his next government will also scrap the proposed increment in the import duty for such vehicles. The

 

move according to the former President is to ensure Ghanaians, whose livelihoods depend on that sector of the economy, continue to enjoy decent lives and revenues. The Customs Amendment Act 2020 among other things, provides incentives for automobile manufacturers and assemblers registered under the

 

 

Ghana Automotive Manufacturers Programme and prohibits the importation of salvaged motor vehicles and cars over ten years of age into the country. It was passed by Parliament in March and is expected to be rolled out in November 2020. The Minority in Parliament haf insisted the new law is counterproductive and will

 

 

lead to more job losses than new employment, hence it must be withdrawn. Highlighting portions of the party’s manifesto on Monday, September 2020, however, John Mahama indicated that the review of the amendment act is to protect the local automatic industry from collapse. “We will review the Customs Amendment Act

 

 

2020 Act 1014 to scrap the law banning the importation of salvage vehicles and the proposed implementation of a 35 per cent import duty rate. We are going to scrap it in order that salvaged cars are not banned and top duty rate government intends to impose on these vehicles does not happen. This is to safeguard the local

 

 

automobile industry so our people in Suame Magazine, Abossey Okai, Komkompe to continue to work to earn a decent living.” Since the law was announced, car and spare parts dealers, clearing agents, and artisans have put pressure on government to reverse the decision. Though Bill has been opposed by the minority and vehicle dealers across the country, Parliament after

 

 

scrutinizing the document approved it. But the government’s defence is for Ghanaians to focus on the revenue generation that the Customs Amendment Bill will bring rather than the losses it will incur. The benefits it says largely outweigh the losses as the amendment will boost the Ghana Automotive Manufacturing Programme which has so far attracted several car assembling plants into the country.