– GRA
The Commissioner–General of the Guyana Revenue Authority, Mr. Khurshid Sattaur, is advising the general public that tax exemptions are granted on certain equipment used in the generation of alternative energy when imfported into Guyana for ‘household purposes’.
All alternative energy equipment of a type used for household purposes is exempted from customs duty and attracts Value Added-Tax (VAT) at a rate of zero percent (0%).
However, persons wishing to import Alternative Energy Equipment must apply to the Tax Exemptions Processing and Verification Unit, Guyana Revenue Authority at Lot 357 Lamaha & East Streets, Georgetown to obtain the relevant tax exemptions. All applications should include the applicant’s Taxpayer Identification Number (TIN), a legible invoice or quotation from supplier, airway bill or bill of laden and the C-72 Customs Declaration Form.
The public is further advised that, alternative energy equipment used for commercial purposes will attract customs duty at a rate of 20% and VAT at the standard rate of 16%.