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 [...] 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 [...] ASYCUDA World online payment of Customs Duties and Taxes
The Guyana Revenue Authority (GRA) has implemented the E-Payment feature in ASYCUDA World which will allow Importers/Declarants to pay duties and taxes through electronic payments (Online Banking e-Services) in ASYCUDA World (AW) for Customs Declarations. Through partnership with Demerara Bank Limited (DBL), this medium will provide the opportunity for Importers to enter their credentials and […]
Reminder – Extended Tax Returns due date is September 30
Georgetown, GRA, September 22, 2020: The Guyana Revenue Authority (GRA) wishes to remind Accountants, Tax Preparers and the General Public that the extended due date for the submission of Income Tax, Property Tax, Corporation Tax and Capital Gains Tax Returns for the Year of Assessment 2020 (Year of Income 2019) is Wednesday, September 30, 2020. […]
ASYCUDA Epayment User Guide for Customhouse Brokers & Importers
ASYCUDA Electronic Payment User Guide The United Nations Conference on Trade and Development (UNCTAD) as part of its ASYCUDA Programme has developed applications, which allows the Electronic Data Interchange (EDI) between Customs Administrations and the trading community or other trade related entities. The purpose of this document is to provide guidance to brokers and customs [...] Reminder: Extended Tax Returns due date is September 30
The general public is hereby reminded that the extended Tax Returns due date is Wednesday September 30, 2020. The following Returns are therefore due on or before this date. Income Tax Property Tax Corporation Tax Capital Gains Tax In keeping with the COVID-19 safety guidelines, taxpayers are advised to place their Returns in the drop […]
GRA registering “ZZ” Series of vehicles
Georgetown, GRA, Wednesday, September 9, 2020: The Guyana Revenue Authority’s (GRA’s) Licence Revenue Office has commenced registration of motor vehicles in the “ZZ” Series. The new series officially commenced on Thursday, September 3, 2020 after registration of motor vehicles in the previous “YY” series reached the completion benchmark of nine thousand, nine hundred and ninety-nine […]
19th Anniversary Message by Chairman of the Governing Board
Chairman's Speech - 19th Anniversary On the occasion of the 19th Anniversary of the Guyana Revenue Authority (GRA), I am honoured and delighted to be extending congratulations to the management and staff. Your contributions to the task of tax administration and revenue collection are a reflection of your commitment and dedication to the organisation. Message [...] VAT & Forest Products
VAT & Forest Products This brochure deals with the policy outlined by the Guyana Revenue Authority (GRA) as it relates to Value Added Tax and Forest Products. This guide is not a substitute for the Law. In case of any inadvertent conflict the Law will prevail.