Generic filters

Removal of VAT on Hinterland Travel

With effect from October 1, 2020, there will be no Value Added Tax (VAT) on supplies of travel and transportation to hinterland communities. This measure accords with the amendment to reflect the insertion of paragraph 12 to Schedule 1 of the Value-Added Tax Act : “12. The following supplies of travel and transportation are specified [...]

Removal of VAT on Building and Construction Materials

Effective October 1, 2020, locally produced building and construction materials will no longer attract Value Added Tax. This measure is in accordance with amendment to Schedule I of the Value Added Tax Act to include the following paragraph: "8. Zero- rated for the purposes of section 7 are supplies of locally produced sand, stones, concrete [...]

Removal of VAT on ATVs

With effect from October 1, 2020, Value Added Tax (VAT) has been removed from All-Terrain Vehicles (ATVs) being used in the Mining, Forestry, Agriculture, Manufacturing and other sectors. This measure accords with the amendment to reflect the insertion of paragraph 10 to Schedule 1 of the Value-Added Tax Act: 10. Zero-rated for the purposes of [...]

SALE OF WANT OF ENTRY CONTAINERISED CARGO BY SEALED BIDS

The Guyana Revenue Authority (GRA) is inviting sealed bids for the purchase of Want of Entry Containerised Cargo on a ‘As Is, Where Is’ basis. Inspection by interested bidders will be facilitated daily commencing Thursday, October 15, 2020 and concluding on Tuesday, October 20, 2020, during the hours of 09:00 to 15:00. The Want of [...]

NEW Licensing Fees

The general public is hereby notified of the following amendments to the Hucksters Licensing and Control Act Chapter 91:06 in respect to Licensing Fees. AMENDMENT NEW RATES Every Huckster: -  (a)   Who travels on foot or with a man-propelled vehicle, or cycle   $2,030 (b)   Who travels with a horse or other beast bearing or [...]

New Intoxicating Liquor Licensing Fees

The Guyana Revenue Authority hereby advises Liquor Licence Holders that effective October 1, 2020, the Intoxicating Liquor licensing fees shall be increased to reflect the following: SECTION Reduction of fees for Application & Renewal of Licences for Hotel, Restaurant, Members Club, Spirit Shop and Off Licences NEW FEES SECTION 13 (1) (a)   New Application [...]

Exemption from Corporation Tax -Private Medical & Private Educational institutions

Section 7 of the Corporation Tax Act has been amended to allow for the income of the following institutions to be exempted from Corporation Tax: (t) private corporate educational institutions (u) private corporate medical healthcare institutions This measure is effective from January 1, 2020. Hence all profits earned by these institutions from January 1, 2020 [...]

Tax relief for COVID-19 supplies extended to December 31

The Government of Guyana has granted a further extension to the waiver of duties and taxes on medical supplies geared towards the prevention, treatment and cure for coronavirus (COVID-19). The Guyana Revenue Authority (GRA) will therefore be continuing the waiver of Customs Duty, Value Added Tax (VAT) and Excise Tax on the below list of [...]

New Motor Vehicle Fees

The general public is hereby notified that the following amendments to the Motor Vehicle & Road Traffic Act, Cap. 51:02 (First Schedule), will take effect from October 1, 2020:   DESCRIPTION NEW Rates ($) Vehicles solely for private use in carrying persons or for broadcasting purposes: 1.      For each motor cycle- (a)   Having 2 wheels [...]

Vehicles 8 Years Old & Used Tyres

Effective the 1st October, 2020, vehicles over 8 years old, half-cut vehicles and used tyres are allowed to enter Guyana. This is as a result of the 2020 National Budget. The removal of the following paragraphs from Part II of the Second Schedule of the Customs Act, Chapter 82:02, results in the aforementioned being deleted from [...]