As an individual or business you may pay little or no tax, that is, Customs Duty, VAT or Excise Tax if you are importing items as a Manufacturer, a Pharmacist, a Large Scale Miner or if you have an Investment Agreement with the Government of Guyana. Likewise, if your business makes use of local forestry products such as lumber, sand, stone, etc. you will be allowed to reclaim the VAT paid even though you will not be allowed to charge your consumers VAT.
General application requirements for Tax Exemption
- The application must be made to the Commissioner-General via the GRA’s ASYCUDA World
- Must state briefly what the application is about.
- Must attach invoices. The invoice numbers for the materials you are seeking exemptions must be clearly stated.
- Must provide a proper description of goods/items.
- Applicant’s TIN, email address and telephone number must be clearly stated.
- Letter of recommendation from the company/entity you represent (where necessary).
Persons/Contractors who have been awarded Government contracts and are importing supplies necessary for the completion of works in keeping with the contract may be free from tax on those supplies. Government Departments/Ministries can apply to the GRA to be exempted from paying taxes on imported items.
The sub-menus of this page provides the general guidelines for categories of individuals and businesses applying for exemptions on Customs Duty, Value Added Tax, and Excise Tax on items being imported/exported.