The functions of the Board are as follows-

(a) to ensure supervision and co-ordination of the activities of-

(i) the Internal Revenue Service;

(ii) the Customs, Excise and Preventive Service; and

(iii) the Value Added Tax Service in the performance of their functions under the Internal Revenue Service Law, 1986 (P.N.D.C.L. 143), the Customs, Excise and Preventive Service (Management) Law, 1993 (P.N.D.C.L. 330) and the Value Added Tax Act, 1998 (Act 546) respectively and under any other enactment;

(b) to cause to be prepared plans for developing and maintaining an effective, fair and efficient revenue collection system and ensure that the plans are implemented;

(c) to effect the restructuring of any of the revenue agencies as and when necessary;

(d) to ensure the effective and optimum collection of the taxes, penalties and interest due to the State under the enactments specified in paragraph (a) and under any other law;

(e) to direct generally the revenue agencies on revenue related policies;

(f) to monitor the performance of the revenue agencies in carrying out their functions;

(g) to ensure that all amounts collected by the revenue agencies are paid into the Consolidated Fund unless otherwise provided by an enactment;

(h) to recommend to the Minister measures for effective collection of taxes and non-tax revenue;

(i) to delimit customs and surveillance zones, approve routes for customs purposes and cause to be built and managed government warehouses for the purposes of revenue collection;

(j) to cause systems to be developed and maintained, whether by computer or other means, for co-ordinating, and supervising the collection, storage and retrieval of information;

(k) to arrange for the training and manpower development programmes for employees of the revenue agencies;

(l) to establish a system for the exchange of information among the revenue agencies;

(m) to initiate and sustain programmes for public education on tax payment;

(n) to establish and maintain a financial and accounting system in accordance with prescribed government accounting practice;

(o) to draw up a scheme of service for the staff of the revenue agencies; and

(p) to perform such other functions in relation to revenue as the Minister may direct or as may be conferred on it by any other law.