THE EFFECTS OF ECOWAS COMMON EXTERNAL TARIFF (CET) ON OUR BUSINESS: - - PowerPoint PPT Presentation

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Feb 16, 2024 621 likes •787 views

THE EFFECTS OF ECOWAS COMMON EXTERNAL TARIFF (CET) ON OUR BUSINESS: (Importation Of Tractors and other Equipment) PRESENTED FOR LOLU AKINDELE MD OF J.A.PLANTPOOL , GHANA MAY 2017 CONTENTS About us Our Products Our import routes

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THE EFFECTS OF ECOWAS COMMON EXTERNAL TARIFF (CET) ON OUR BUSINESS: (Importation Of Tractors and

ther Equipment)

PRESENTED FOR LOLU AKINDELE MD OF J.A.PLANTPOOL , GHANA MAY 2017

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About us Our Products Our import routes Brands we represent Our market and beyond CET implementation in Ghana CET effect on our Business Challenges Recommendations

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ABOUT US

Incorporated 9 years ago with headquarters in Accra, Ghana Leading supplier of heavy duty equipment and buses for construction, mining and transportation Supplier of genuine Spare Parts and Power Generator Sets Rental and leasing of equipment Provision of after market support Training of Drivers and Operators for our product line

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ABOUT US

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OUR PRODUCTS

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OUR IMPORT ROUTES

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BRANDS WE REPRESENT

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OUR MARKETS AND BEYOND

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CET IMPLEMENTATION IN GHANA

Implementation of CET in Ghana started on February 1, 2016 Uniform tariffs across ECOWAS Countries Less cumbersome process for re-exporting equipment to ECOWAS Countries Access to a bigger market for our products Reduce smuggling at our borders

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CET EFFECT ON OUR BUSINESS

HS DESRIPTION IMPORT DUTY PRIOR TO CET % IMPORT DUTY AFTER CET % VARIANCE % Excavators 5 5 Bulldozers 5 5 Buses 5 5 Tipper trucks 5 5 Parts 10 10

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CHALLENGES (Short term)

Short notice for payment of duty on items in the bonded warehouse Inadequate education on the new tariff Increased cost of business on some product lines Delays in the implementation of government incentive for our Industry

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RECOMMENDATIONS

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CONTACT INFO

Accra: Olusegun Obasanjo Way Dzorwulu Traffic Light Tel: +233 50 128 1014/ +233 50 128 0994/ +233 50 152 9344 Kumasi: Off Offinso Road, Kodie Tel: +233 50 128 0998 Website: www.japlantpoolgh.com Email: info@japlantpoolgh.com

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