The Supreme Court has thrown out an injunction application filed against the implementation of the controversial Electronic Transfer Levy (E-Levy).
Minority legislators, Haruna Idrissu, Mahama Ayariga and Samuel Okudzeto Ablakwa had filed the suit at the Supreme Court to challenge the circumstances under which the bill was approved by Parliament.
According to a report, the 7-0 decision by the bench of the apex court was delivered on Wednesday, May 4, 2022.
They pleaded with the court to prevent the Ghana Revenue Authority (GRA) from proceeding with the implementation of the 1.5% tax on electronic transactions.
But delivering their judgement, the highest court of the land explained that the state will suffer a greater punishment if the injunction application is granted.
The court presided over by Justice Nene Amegatcher stated that said greater hardship will be caused to the nation if the Ghana Revenue Authority (GRA) is prevented from implementing the new tax policy.
The seven-member panel of judges urged the state and the GRA to keep all records of all the E-Levy deductions up-to-date to enable a refund if it is later determined in the substantive case before it that the law was passed unconstitutionally.