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By: Ruth Tang
The Abossey Okai Spare Parts Dealers Association have voiced their support for the NPP Presidential candidate, Dr Mahamadu Bawumia for his proposal to implement a flat rate tax on spare parts imports, following his recent announcement of policies, on Wednesday 7th February 2024 at the University of Professional Studies, Accra.
They emphasized its potential to benefit both dealerships and consumers alike. The association, known for its neutrality in politics, commended the initiative as a visionary step towards facilitating the interests of spare parts dealerships in diverse areas. During the forum held in Accra, Dr Bawumia highlighted the party’s commitment to introducing this tax structure, signalling a potential shift in the industry’s economic landscape.
The proposed flat rate tax is potentially expected to alleviate the financial burden on commercial drivers and commuters, ultimately contributing to a more sustainable and affordable transportation system. With the promise of reduced costs for spare parts, the industry anticipates positive developments and growth opportunities. The association urges its members to unite in support of this initiative, recognizing its potential to foster economic prosperity and enhance the nation’s overall economic outlook.
Dr. Bawumia’s foresight and dedication to the welfare of the spare parts sector are acknowledged, with stakeholders eagerly awaiting the implementation of this policy and its anticipated positive impact on the industry and as a matter of fact, the entire nation.
Source: Adoanews
