Leather producers seek duty relief on raw materials

The Ghana Leather and Footwear Manufacturers Association (GLFMA) has petitioned Parliament for urgent policy intervention and customs duty relief for raw materials used in the local leather and footwear industry. In a memorandum submitted to the Parliament's Select Committee on Trade, Industry and Tourism, the association highlighted that local manufacturers currently face a cumulative duty and levy of up to 36.1% on essential production inputs, while imported finished footwear often enters the market at lower effective tariff rates or through misclassification.

The GLFMA, representing over 12,000 artisans and 3,300 manufacturing workshops, warns that the current tax structure threatens local jobs and increases pressure on foreign exchange reserves.

Brief written by urgent.news from Ghanaian Times's own syndicated text. Machine-written — may contain errors; check the original before relying on it.