The Guyana Revenue Authority (GRA) wishes to advise all taxpayers that in its quest to continually improve the quality and efficiency of services, effective August 31, 2023, the GRA will be discontinuing the usage of cheques for the payment of refunds of VAT and other taxes. All refund payments will now be done electronically utilising the Electronic Funds Transfer (EFT) system directly to the taxpayers’ bank accounts.
To this effect, all VAT registrants and taxpayers entitled to a refund of taxes are required to provide their banking details to the GRA immediately if not previously submitted to ensure a seamless and timely payout of refunds.
The details required are as follows:
- Taxpayer Identification Number (TIN)
- Address
- Name of Account Holder
- Name and Location of Bank
- Transit Number (This is your Bank’s reference number.)
- Router Number (This is the location of the Bank)
- Account Number (This must be the company’s account number.)
Kindly provide this information via email to vatoperations@gra.gov.gy or contact [227-8222 Ext 3024/3025]. All information will be treated with the strictest confidentiality.
