Your Partner in Development

Reduction of Excise Tax on Fuel (Gasoline and Diesel)

Reduction of Excise Tax on Fuel (Gasoline and Diesel)

March 23, 2022

The Guyana Revenue Authority (GRA) wishes to advise all Importers, Licenced Customhouse Brokers that the Government has given approval for the rates on gasoline and diesel specified under the Excise Tax Act Chapter 82:03 to be reduced as follows:

HS Code Item From To
2710.12.20.00 Gasoline 10% 0%
2710.20.10.00 Gasoline 10% 0%
2710.19.30.00 Diesel 10% 0%

These rates, which had been reduced from 20% to 10% as a Budget 2022 measure, are now being further reduced to cushion the global increases in fuel prices.

As such, with immediate effect, all fuel imported will be subject to these revised rates as administered by the Customs, Excise & Trade Operations (CE&TO), GRA.

For more information, feel free to contact the CE&TO on telephone number 227-6060 Ext 2601 or email comptroller@gra.gov.gy

By Order
Guyana Revenue Authority