Value-Added Tax is EXEMPT from complete housing units costing up to $6.5M. These housing units must be built by, or on behalf of, the Central Housing and Planning Authority (CH&PA) or any other approved entity. This measure is in accordance with Section…
Adopted by the Shipping Association of Guyana DESCRIPTION OF VARIOUS CARGO Identification of Cargo & Abbreviations DESCRIPTION ABBREVIATION CRATE (CRT) CASE (CS) PALETTE (PLT) SKID (SKD) PACKAGE (PKG) BOX, CARTON & BIN BOX (48*24*28) (BX | CTN) PLASTIC CONTAINER R)…
Effective January 1, 2019, Individuals, Companies, Non-Governmental Organisations, or any individual or company, applying for a re-print of TIN Certificate will be required to pay the following: Re-print of Certificate: $ 2,000 This change is in keeping with the amendments made…
Individuals and companies with NET PROPERTY valued forty million dollars ($40M) or more at the end of 2019 will be required to FILE a Property Tax Return. This provision is in accordance with the amended NET PROPERTY is the amount…
Motor vehicles designed for use by differently-abled persons will be EXEMPT from Excise Tax with effect from January 1, 2019. Additionally, if a motor vehicle has been or will be converted for use by a differently-abled person, to the satisfaction of the Commissioner-General, it…
The Guyana Revenue Authority wishes to notify all tax practice professionals that the term “Preparer of Returns” has been included and clearly defined for the purposes of the issue of Practice Certificates. In light of same, Section 37 (15) of…
Tourist operators who use MOTOR BUSES with twelve (12) OR MORE SEATS shall be EXEMPT from the payment of Excise Tax. These vehicles must however NOT exceed four years (4) old. These vehicles must be used EXCLUSIVELY for the transportation of tourists anywhere in Guyana, and the owner/operator must…
The GRA is advising Public Officers that effective January 1, 2019 the following reduction in the excise rates on motor vehicles (under four years/New) for eligible public officers, became applicable: NO. CATEGORY OLD EXCISE RATE NEW EXCISE RATE 1. Vehicles with less than 1500…
The Table below contains the extensive list of commodities ineligible for conditional duty exemptions as outlined in Part 1 of the Customs Tariff. Manufacturers/Importers are therefore advised that items appearing on this list will NOT be exempt from the payment…
The below table contains the list of Harmonised Systems (HS) 2017 Codes used in ASYCUDA World to process tax exemptions for fertilisers and pesticides. Some of these products are exempt from both customs duty and value-added tax while others are…
