Transit and Warehousing Activities: 'A Silent Wrecker' of Tax Revenue in Ghana

Authors

  • John Kwame Adu KAAF University College, Kasoa Ghana
  • Kwasi Poku Kwame Nkrumah University of Science and Technology (KNUST), Kumasi
  • Boahemaa Opoku Anarfi Blessed Yako Company Limited, Elubo

DOI:

https://doi.org/10.18533/ijbsr.v4i6.509

Keywords:

Transit, Warehousing, Decoupling, Removals, STDs, , GRA, Diversion, Physical Examination and Warehouses

Abstract

The study aims to finding out how Ghana Revenue Authority is dealing with the diversions and removal canker affecting Transit abd Warehousing regimes in International Trading trading activities in Ghana. in trying to investigate, tools or techniques such as questionnaire, interviews and observation were employed. The population considered for the work was employees of GRA,  GCNet, Warehouses and some Lawyers. It was found among others that, trabsit and warehousing activities have a lot of rot being perpetuated independently and collectively by importers and tax official. It was therefore recommended that, bonded warehouses should be monitored by electronic devices while Satelite tracking devices (STDs) mounted on transit trucks, as linked to the control room of GRA-CD be monitored 24/7 for rapid response if need be

Author Biographies

  • John Kwame Adu, KAAF University College, Kasoa Ghana
    Business Administration, Part-Time Lecturer
  • Kwasi Poku, Kwame Nkrumah University of Science and Technology (KNUST), Kumasi
    KNUST School of Business, Lecturer
  • Boahemaa Opoku Anarfi, Blessed Yako Company Limited, Elubo
    Import, Export, Transit & Warehousing, Field and Research Officer

References

Bell, J. (2005) Doing your research project (4th edition)

DeVaus, D.A. (2002) Survey in social research (5th edition)

ECO (1994) Transit trade agreement

GSA (2011) The bonded warehousing system in Ghana-Challenges and Prospects

GSA (2013) The transit trade-Benefits and effects on Ghana

Kelvin, J.B. (1999) Methods for Business Research (2nd edition)

Saunders, M., Lewis, P. and Thornhill, A. (2007) Research methods for business students: 4th edition

U.S. Customs and Border Protection (2010) Bonded warehouse

UNCTAD (2007) Improving transit transport in East Africa: Challenges and Opportunities

UNCTAD (2007) Transport infrastructure for transit trade of landlocked countries in West and Central Africa

www.eac.int/customs/index.php

www.gra.gov.gh/index/php

www.undoc.org

www.unohrlls.org/userfiles/file/lldcs

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Published

2014-06-20

Issue

Vol. 4 No. 6 (2014): June

Section

Article

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