• Excise Tax

    Excise Tax is a tax on items/goods/products imported that are considered consumables. This tax is charged on the following items:

    1. Alcoholic Beverages;
    2. Tobacco Products;
    3. Petroleum Products;
    4. Motor Vehicles

    The tax is applied at different rates when the item/good/product is;

    1. Imported and/or warehouse.
    2. Removed from a warehouse.
    3. Manufactured and sold in Guyana.

    For Imports, Excise Tax is applied to the total value of the item/good/product upon entry to Guyana. The total value is inclusive of freight insurance, Customs duties, fees, and other charges. For goods manufactured in Guyana, Excise Tax is applied to its selling price, minus VAT.

    • Petroleum is taxed at different rates depending on the product, that is, gasoline, diesel, oil, and gas.
      • Alcohol is taxed differently based on the strength of the alcoholic content, that is, Excise Tax on Spirituous Liquor will be higher than beer.
      • Tobacco is taxed at a fixed amount according to the sticks (tobacco/cigarette sticks)
      • The Excise Tax on motor vehicles depends on their age, engine capacity, type, and usage.

    NOTE:  Goods that attract Excise Tax will also be subject to VAT. An importer must pay the tax before the goods are cleared for use within Guyana. If goods are imported and not warehoused, payment to the GRA must be made upon importation. Where goods are imported, warehoused, and later removed from the warehouse, payment must be made on removal from the warehouse.

  • Register for Excise Tax

    Any person who carries on business as an importer of excisable goods, or who is a Guyana-based manufacturer of excisable goods that attract Excise Tax must be registered with the GRA. Before registering, a Taxpayer Identification Number (TIN) must be obtained from the GRA.

  • Excise Tax - Importers

    An importer of excisable goods must pay the tax before the goods are cleared for use within Guyana. Where goods are imported and not warehoused, payment to the GRA must be made upon importation. Where goods are imported, warehoused, and later removed from the warehouse, payment must be made on removal from the warehouse.

    In some instances, the Commissioner-General may allow goods to be imported without payment of tax if satisfied that the goods are for temporary use, or will be exported within three months, but subject to the payment of deposit or security.

  • Excise Stamp Control Programme

    The Guyana Revenue Authority (GRA) launched the Excise Stamp Tax in November 2017 on all imports of foreign alcoholic beverages and tobacco products (Except Beer).

    Why Excise Stamp

     Excise Stamp Tax is an anti-smuggling measure to reduce the illicit trade of alcohol/tobacco products within Guyana. Unstamped/illicit goods are produced in an unregulated manner with harmful, largely unknown ingredients; consuming these goods may result in illness or death. Citizens should support the initiative by only purchasing goods that comply with the laws (Stamped alcohol & tobacco products)

    WHAT NEEDS TO BE STAMPED?

    Every package or unit classified under tariff heading:

    22.04. –Wine of fresh grapes, including fortified wines; grape must other than that of heading 20.09.

    22.05. –Vermouth and other wine of fresh grapes flavoured with plants or aromatic substances

    22.07. – Undenatured ethyl alcohol of an alcoholic strength by volume of 80% volume or higher; ethyl alcohol and other spirits, denatured, of any strength

    22.08– Undenatured ethyl alcohol of an alcoholic strength by volume of less than 80% volume; spirits, liqueurs and other spirituous beverages

    24.02– Cigars, cheroots, cigarillos, and cigarettes, of tobacco or of tobacco substitutes

    24.03. – Other manufactured tobacco and manufactured tobacco substitutes; “homogenized”  or reconstituted” tobacco;  tobacco extracts and essences.

    The Excise Tax Stamp is a specially designed stamp with digital and other security features that are affixed on excisable goods to show that taxes and duties have been paid or would be paid. The stamp is affixed on specified excisable goods that are imported into Guyana.

    Subject to the provisions in the Customs Regulation, any specified excisable product found displayed without the tax stamp will be liable to seizure and the person selling/distributing or displaying the product shall be liable to a fine or imprisonment for not more than five years or both.

    Any person who imports any goods on which an excise stamp is required to be affixed in accordance with these regulations shall make an application for the supply of excise stamps

    PRIOR TO THE AFFIXTURE OF EXCISE STAMPS

    DOCUMENT REVIEW

    • Origin
    • Classification
    • Valuation
    • CPCs
    IF A DISCREPANCY IS FOUND DURING EXAMINATION

    • Discrepancy report is prepared
    • Amendment to entry/payment of additional taxes
    • Release of Goods
    EXAMINATION/ VERIFICATION

    This depends on how the declaration is profiled in Asycuda. May include personnel from the following:

    • Law Enforcement & Investigation Division
    • ES&EL
    • Wharf Officer
    REQUEST FOR STAMPING OPERATION IS LODGED WITH ES&EL

    • Completed C43 Form is submitted requesting ES&EL’s officer(s) presence to supervise the stamping operation

    Checklist

    Alcohol The correct taxes and customs duty should be paid to the GRA Product should be at least 200ml. However, smaller products may be stamped depending on the shape and size of the bottle.

     

    TOBACCO The correct taxes and customs duty should be remitted to the GRA. Health warnings on at least 60% of package
    Intact package containing ≥ 20 sticks per package All other requirements as stipulated by the Tobacco Control Act 2017

    Cost of Stamps

    The importer (manufacturer/retailer/other) shall pay for the excise stamps at the applicable rates below

     Alcohol

    SELF-ADHESIVE DUTY PAID

    Cost: $16 per stamp (Accounted for in ASYCUDA)

    SELF-ADHESIVE DUTY-FREE

    Cost: $30 per stamp (Paid on a voucher)

       

     Tobacco

    SELF-ADHESIVE DUTY PAID

    Cost: $8 per stamp (Accounted for in Asycuda)

    DRY DUTY PAID

    Cost: $3 per stamp (Paid on a voucher)

    How to calculate stamp Tax

    Alcohol Stamp Tax of $16GDY is calculated on every imported unit (bottle) of alcoholic beverages ranging from size 375 ml and above (750 ml, 1 lt, 1.5 lt, 2.5lt etc.)

    • g. one (1) case of Johnnie Walker Black Label (750ml x 12 bottles)

    Practical: 12 btls x $16 = $192 GYD to be paid to GRA for 12 Stamps.

    Tobacco Stamp Tax of $8 GDY is calculated on every imported individual pack of cigarettes products of20’s size and cigars.

    • Eg. one(1) case of GT SMART Cigarettes (50 cartons x 10 packs x 20 cigarettes)

    Practical: 500 packs x $8GDY=$4,000GYD to be paid to GRA for 500 Stamps.

    Alcohol Taxes

    The GRA applied a high rate of taxes on all alcoholic products based on the “alcohol strength”, which ranges from beers, wines, hard liquor etc. Example, hard liquor originated out of CARICOM Region attract:

    1. Import Duty ———–100% off the CIF Value
    2. Excise Tax ————-$220 per liter
    3. VAT———————14% compounded
    4. Environmental Levy–$10 per unit/bottle
    5. Alcohol Tax Stamp—$16 per unit/bottle

    Tobacco Taxes

    Example, Cigarettes originated out of CARICOM Region attract:

    1. Import Duty ————–100% of the CIF Value
    2. Excise Tax —————–$2500 every 1000 Sticks
    3. VAT ————————14% Compounded
    4. Tobacco Tax Stamp —–$8 per unit/pack

    AFFIXTURE OF EXCISE STAMPS

    The importer should provide personnel to affix the excise stamps as stipulated by the GRA

    Must be clearly visible when the products are displayed for sale

    • Alcohol excise stamps should be affixed in an “L shape”  over the bottle seal and clearly visible
    Must be affixed in such a manner as to become damaged or destroyed when the product is opened or an attempt is made to remove the excise stamp

    • Tobacco excise stamps should be applied over the seal of the product and clearly visible

     

    OFFENCES

    • The following are a summary offences under the Act:
    • Imports any goods on which Excise stamps should be affixed without being registered with the Commissioner-General under these regulations;
    • Fails to affix an excise stamp on the package of good in such secure manner as the Commissioner-General may prescribe;
    • Prints over or defaces an excise stamp fixed on a package;
    • Is in possession of goods on which the Excise stamps have not been affixed and which are not destined for export;
    • Attempts to acquire or acquires an excise stamp without the authority of the Commissioner-General;
    • Prints, make or in any way creates an excise stamp without the authority of the Commissioner-General; or
    • Removes or otherwise prepares any excise stamp with the intent to use or cause the same to be used after it has already been used
  • Excise Tax - Manufacturers

    Where taxable goods are manufactured in Guyana and removed from a warehouse, or manufactured and sold in Guyana, payment of the tax to the GRA must be made no later than fifteen days after the end of the month during which they were removed or sold.

    If a manufacturer cannot account for any taxable goods, the GRA will rule that those goods have been sold or removed from a warehouse or made available for consumption in Guyana during the month that the good is missing.

    There are no Excise Tax on exported goods.

  • Submit Your Excise Tax Return

    Registered importers and manufacturers must complete and submit an accurate monthly Excise Tax return to any of the GRA locations or at P.O. Box 10406

    How to file your return?

    • Fill the G0013 Excise Tax Return (pdf at top right of page). Note: all spaces in the form should be completed, except for items which are not applicable, you insert None or a “” for text fields, or “0″ for a numeric field.
    • Ensure the G0013 Excise Tax Return and where applicable the G0013B, are signed before you submit same.
    • Make use of the Excise Tax Schedule (pdf at top right of page) for additional transactions to your submission.

    Due Date

    The submission of the Excise Tax return is due on the 15th working day of the month following the month in which the supplies occurred. You may refer to the Excise Tax return guide (pdf at to right of page) for further details.

  • Refunds

    A refund of Excise Tax may be made if. –

    • The tax paid is more than the amount due, or
    • The excisable imported goods are subsequently exported, or put on a foreign-going ship or aircraft.