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Tag Archives: Guyana Revenue Authority

Tax disclosure waivers needed for Extractive Industries Transparency process

As Guyana prepares its first Extractive Industries Transparency Initiative (EITI) report on monies spent by 35 petroleum and mining companies and received by government, a UK-based firm that has been hired to match earnings and expenses says the companies will be asked to authorise the Guyana Revenue Authority (GRA) to release confidential tax information. Hired independent administrator for Guyana’s EITI ...

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BREAKING: Major alcohol bust at city wharf

The Guyana Revenue Authority’s (GRA) enforcement agents on Wednesday intercepted a shipping container of liquor said to be valued at more than GYD$15 million which a local shipping agent declared as other items, GRA Commissioner-General Godfrey Statia said. Unofficial estimates, according to other sources, put the value of the undeclared liquor at as much as GYD$40 million. Investigators are working ...

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DDL, GRA settle billion dollar Consumption Tax dispute

Demerara Distillers Limited (DDL) on Tuesday (April 14, 2016) announced that an amicable settlement has been reached with the Guyana Revenue Authority (GRD) to resolve a long standing dispute over Consumption Tax that began in 2002. The company, in a statemenr, said the settlement follows an extended legal battle between DDL and GRA arising out of the Consumption Tax assessment levied against ...

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