The Ghana Chamber of Telecommunications on behalf of its members – AirtelTigo, MTN and Vodafone have provided an explanation of the implications of the new Communication Service Tax (CST) on customers.
Communications Service Tax: GH¢1 to purchase 0.91 pesewas of credit on MTN, AirtelTigo and Vodafone
The Chamber in a statement said, the CST which is now at 9%, will be applied to any recharge purchase.
They also added in the statement that, “as intended, the incidence of the modification will thus be on consumers. It will impact the cost of telecommunication services.”
Meaning that, for every GHS 1 of recharge purchased, a 9% CST fee will be charged leaving GHS 0.91 for the purchase of the service.
These new charges are set to begin on the 1st of October, 2019, and will be applicable to all telecommunication networks.
This is however in accordance with the Mid-year Budget Review Amendment Act 754, which states that CST will be increased from six per cent(6%) to nine percent(9%).
In conclusion, the implications on the CST on consumers of the various telecommunication networks will be that, a 9% charge will be applied to any recharge purchase.
Therefore, for every GHS1 of recharge purchased, a 9% CST will be charged leaving a total of GHS 0.91 as available balance for purchase of sales and services.
Here are texts by some service providers sharing information on the raise in CST charges which will be taking effect tomorrow, the 1st of October, 2019.
So guys, here you go…Take note and be informed.
Change is coming.