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  2. GRA, SML collaboration saves Ghana GH¢3bn
  3. GRA, SML collaboration saves Ghana GH¢3bn
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GRA ® is well known Diamond, Gem & Jewelry certification Lab since 1999. Our aim is to maintain the quality standards in the gemological world. We have expert analysis team with the latest quality measure equipment to certify the quality certification. We have total 50 laboratory locations in 8 different countries providing the quality certification. Today GRA ® is one of the trusted certification laboratories because of Commitment, Quality and Customer satisfaction.

GRA, SML collaboration saves Ghana GH¢3bn

The collaboration between the Customs Division of the Ghana Revenue Authority (GRA) and a revenue and assurance audit firm, Strategic Mobilisation Ghana Limited (SML), has helped the country to rake in an extra GH¢3 billion in three years. The extra revenue which would have been lost to the state was realised when the measurement and reporting of petroleum product supplies from over 20 depots across the country was digitalised by SML Ghana. Since the GRA/Customs and SML Ghana partnership in 2020, the average volume of petroleum products per month recorded by SML metres is 400 million litres, which has resulted in extra revenue of GH¢3 billion for the government between June 2020 and June 2022. By that feat, the Customs Division of GRA which has a unit responsible for collection from the petroleum downstream sector mobilised GH¢22.26 billion as against a target of GH¢20.20 billion, exceeding the target by GH¢2.06 billion. This came to light at a stakeholder engagement SML Ghana held recently in Tema with the leadership of the downstream petroleum unit of the Customs Division to discuss the new initiatives and to solicit inputs on how both sides can improve on the success to further enhance the country’s revenue. The meeting forms part of regular stakeholder engagements between SML and its stakeholders. Context GRA last year mobilised GH¢75.5 billion in domestic revenue, GH¢3.60 billion more than it was tasked to collect. The collection was also a five per cent increase over...

GRA, SML collaboration saves Ghana GH¢3bn

The collaboration between the Customs Division of the Ghana Revenue Authority (GRA) and a revenue and assurance audit firm, Strategic Mobilisation Ghana Limited (SML), has helped the country to rake in an extra GH¢3 billion in three years. The extra revenue which would have been lost to the state was realised when the measurement and reporting of petroleum product supplies from over 20 depots across the country was digitalised by SML Ghana. Since the GRA/Customs and SML Ghana partnership in 2020, the average volume of petroleum products per month recorded by SML metres is 400 million litres, which has resulted in extra revenue of GH¢3 billion for the government between June 2020 and June 2022. By that feat, the Customs Division of GRA which has a unit responsible for collection from the petroleum downstream sector mobilised GH¢22.26 billion as against a target of GH¢20.20 billion, exceeding the target by GH¢2.06 billion. This came to light at a stakeholder engagement SML Ghana held recently in Tema with the leadership of the downstream petroleum unit of the Customs Division to discuss the new initiatives and to solicit inputs on how both sides can improve on the success to further enhance the country’s revenue. The meeting forms part of regular stakeholder engagements between SML and its stakeholders. Context GRA last year mobilised GH¢75.5 billion in domestic revenue, GH¢3.60 billion more than it was tasked to collect. The collection was also a five per cent increase over...

GRA Home

GRA ® is well known Diamond, Gem & Jewelry certification Lab since 1999. Our aim is to maintain the quality standards in the gemological world. We have expert analysis team with the latest quality measure equipment to certify the quality certification. We have total 50 laboratory locations in 8 different countries providing the quality certification. Today GRA ® is one of the trusted certification laboratories because of Commitment, Quality and Customer satisfaction.