The Supreme has ordered the Ghana Revenue Authority to keep accurate records of all e-levy deductions to enable a refund to payees if it is later determined that the law was passed unconstitutionally.
This was after the 7-member panel unanimously dismissed an injunction application by the Minority in Parliament to have the implementation of the controversial levy temporarily suspended until the court makes a determination on its substantive case challenging the legality of the E-levy.
The Court said the Republic would suffer a great deal if the government is temporarily stopped from deducting the levy from electronic transfers.
It however noted that mechanisms do exist within the current tax regime to refund payees who have either over-paid or wrongfully paid, and that must be taken advantage of.
