Ghana International Trade Commission Act, 2016 (Act 926)
Imposition of countervailing duty 28. (1) The Commission shall impose a countervailing duty on products which are imported, where the Commission determines that(a) a countervailing subsidy has been or is being provided in respect of that product, and (b) the product that is imported is, through the effects of the subsidy, causing or threatening to cause material injury or material retardation of the establishment of a domestic industry that produces a product that is like or directly competitive to the product imported. (2) For the purposes of this Act, the subsidisation of imported goods shall not be found to be threatening to cause or cause a material injury unless the circumstances in which the subsidisation is imposed that are likely to cause injury are foreseeable and imminent.(3) Where the Commission has made a determination in accordance with subsection (1), the Commission shall impose a countervailing duty in an amount equal to the amount of the subsidy on the imported goods levied, collected or paid for.(4) The Commission shall not impose a countervailing duty unless the Commission determines that the subsidy is specific in any of the following ways:(a) the legislative, regulatory or administrative instrument conferring that subsidy, limits the subsidy to a particular enterprise within the jurisdiction of the authority that is granting the subsidy;(b) the subsidy is a prohibited subsidy;(c) there is exclusive use of the subsidy by a limited number of enterprises;( d) there is a predominant use of the subsidy by a particular enterprise;(e) large amounts of the subsidy are granted to a limited number of enterprises disproportionately; and(I) the manner in which the granting authority exercises discretion demonstrates that the subsidy is not generally available.
Subject : Import Levy (GITC Act 926)Procedure to Follow
Not Avaiable
Responsible Institution
Ministry of Trade, Agribusiness and Industry
Ministries
- Email: info@moti.gov.gh
- Website: www.moti.gov.gh
- GPS: GA-144-0150
- Telephone: 0500073887
Relevant Forms to Download
Online System
Link Unavailable
Fees/ charges
Not Avaiable
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