GRA offers tax emption on various items


The Guyana Revenue Authority (GRA) has stated that as of May 7, 2018, in keeping with Item 49 (a) of the First Schedule, no tax will be charged on supply of machinery and equipment for obtaining, generating and utilizing electricity from renewable energy sources, including solar panels, solar lamps, deep-cycle batteries, solar generators, solar cookers, solar water heaters, (DC) solar refrigerators, (DC) solar freezers, (DC) solar air-conditioners, power inverters, water turbines, wind turbines, energy efficient lighting including compact fluorescent lamps and light emitting diode (LED) lamps.

The Schedules listed above must be quoted in Box 15 of the Customs Declaration and the Customs Procedure Code (CPC X426) must be used by the importer, declarant or broker. The tax exemption will be granted by schedule and will not require any application letter, GRA said. Further, tax will also be exempted from all bio-degradable containers used in the packaging of food and beverage.

Diplomats will not be required to produce any CG Letters to clear goods imported except motor vehicles and alcohol as of this date.

The exempted items will be granted by Schedule and will require the letter of recommendation from the Ministry of Foreign Affairs. Additionally, the importer, declarant or broker will be required to quote the Schedule in Box 15 of the Customs Declaration and the Customs Procedure Code (CPCX414) must be used. The GRA notes that motor vehicles and alcohol for Diplomats will continue to require a CG Tax Exemption Letter.


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