• Contact Us
  • Advertise with us!
  • Classifieds
Monday, May 25, 2026
  • Login
Demerara Waves Online News- Guyana
  • Home
  • News
    • Premium News
    • Politics
    • Courts
    • Crime
  • Oil & Gas
  • Business
  • Agriculture
  • Health
  • Education
  • Sport
  • Opinion
  • Podcast
  • Contribute Securely
No Result
View All Result
  • Home
  • News
    • Premium News
    • Politics
    • Courts
    • Crime
  • Oil & Gas
  • Business
  • Agriculture
  • Health
  • Education
  • Sport
  • Opinion
  • Podcast
  • Contribute Securely
No Result
View All Result
Demerara Waves Online News- Guyana
No Result
View All Result
Home Business

Vessel with smuggled fuel faces GY$36 million tax bill- GRA boss

Denis Chabrol by Denis Chabrol
Tuesday, 24 April 2018, 18:29
in Business, News
0 0
0
GRA going after VAT cheats; VAT exemption criteria to be overhauled

Commissioner General of the Guyana Revenue Authority (GRA), Godfrey Statia. In background is Finance Minister, Winston Jordan.

Last Updated on Tuesday, 24 April 2018, 18:29 by Denis Chabrol

A vessel, linked to at least one government official, has been held by the Guyana Revenue Authority (GRA) with more than 200,000 gallons of smuggled fuel and would  be released after GY$36 million in taxes have been paid, Commissioner-General of the Guyana Revenue Authority (GRA), Godfrey Statia said Tuesday.

“We have actually boarded the vessel until our taxes have been paid,” he told a news briefing.

Named “Jubilee”, Statia said the GRA was examining Maritime Administration and Demerara Harbour Bridge records to ascertain the number of times the vessel has entered Guyana and also passed the Harbour Bridge. “We would then be in a position to determine if there was actually a hiccup in the system or the person was actually trying to smuggle fuel,” he said.

 

The Commissioner-General said the fuel was not declared and the GRA boarded the vessel.

Statia acknowledged that there were some shortcomings at the Customs Boathouse where persons were trying to put the entry in after the boat was boarded.

The GRA and the Guyana Energy Agency recently signed a Memorandum of Understanding to work closely to stamp out fuel smuggling that Statia said “is alive and well”. One area of concern, he said, was fuel for interior locations that is exempted from taxes was being transported to the coastland. “We have to be extremely vigilant on that and that will always happen once there is cheap fuel on our border regions,” he said.

The Commissioner-General recalled that in similar seizure last year, the captain had been fined GY$20 million to release the vessel.

 

Share this:

  • Print (Opens in new window) Print
  • Email a link to a friend (Opens in new window) Email
  • Share on Facebook (Opens in new window) Facebook
  • Share on X (Opens in new window) X
  • Share on LinkedIn (Opens in new window) LinkedIn
  • Share on Telegram (Opens in new window) Telegram
  • Share on WhatsApp (Opens in new window) WhatsApp

Discover more from Demerara Waves Online News- Guyana

Subscribe to get the latest posts sent to your email.

Previous Post

Guyana Revenue Authority to audit ExxonMobil; Oil and Gas tax unit staff being trained

Next Post

“There would be no amnesty” for Guyana Stores Limited- Tax Chief

Next Post
“There would be no amnesty” for Guyana Stores Limited- Tax Chief

"There would be no amnesty" for Guyana Stores Limited- Tax Chief

Recent News

Gold miner dies in Middle Mazaruni River

Two dead in Cuyuni River boat collision

Sunday, 24 May 2026, 12:17
Tenant shoots landlord after he objected to narcotics sale on premises

Albouystown chef shot in neighbourhood

Sunday, 24 May 2026, 11:59
US Navy, GDF in joint exercises

US Navy, GDF in joint exercises

Sunday, 24 May 2026, 11:47
Guyana health minister urges global health overhaul as funds tighten

Guyana health minister urges global health overhaul as funds tighten

Saturday, 23 May 2026, 11:15
Indian quarry workers to be paid before month-end, no word on return airfares

Indian quarry workers to be paid before month-end, no word on return airfares

Saturday, 23 May 2026, 7:35

Subscribe to Blog via Email

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Join 157.6K other subscribers

Demerara Waves Media Inc. is a Guyana-based digital news media company committed to delivering timely, credible, and relevant news coverage. We report on key national issues, including politics, business, crime, education, health, sports, and culture, serving readers in Guyana and abroad.

Other News and Opinion Wesbsites

  • Caribbean Political Economy
  • The View From Europe
  • Pan Caribbean Voices
  • Huffington Post
  • Caribbean Life
  • New York Daily News
  • New York Post
  • Share News
  • Caricom Headquarters
  • Association of Caribbean States
  • Organisation of Eastern Caribbean States

Recommended News Links

  • Insight Guyana
  • BBC Latin America
  • Prensa Latina
  • Mercopress
  • Inter Press Service
  • Caribbean Media Corporation
  • Al Jazeera
  • Voice of America
  • Business News Americas
  • All Africa
  • Catholic News Agency
  • Xinhaunet China News Agency
  • Home
  • News
  • Oil & Gas
  • Business
  • Agriculture
  • Health
  • Education
  • Sport
  • Opinion
  • Podcast
  • Contribute Securely

© 2026 Demerara Waves Media Inc. | A GxMedia Website Solution.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
    • Premium News
    • Politics
    • Courts
    • Crime
  • Oil & Gas
  • Business
  • Agriculture
  • Health
  • Education
  • Sport
  • Opinion
  • Podcast
  • Contribute Securely

© 2026 Demerara Waves Media Inc. | A GxMedia Website Solution.