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Disposal of Motor Vehicles | Goods by Sealed Bids

The Guyana Revenue Authority (GRA) is inviting sealed bids for the purchase of Motor Vehicles / goods on a β€˜As Is, Where Is’ basis. Inspection by interested bidders will be facilitated daily commencing Monday, January 16, 2023, and concluding on…

Policy 25 – VAT ‘Tax Fraction’

The GRA wishes to provide guidance to our stakeholders (business and consumers) on how to use the Value-Added Tax (VAT) β€œTax Fraction”. With effect from 2016 the rate of VAT was reduced to fourteen percent (14%) from sixteen percent (16%).…

Policy 6 – VAT and Capital Equipment

The Guyana Revenue Authority in an effort to sensitize the public on legislative changes, has prepared the Value-Added Tax (VAT) on Capital Equipment and Machinery policy. Section 2 of the VAT Act Chapter 81:05 defines capital goods as β€œan asset,…

Policy 17 – VAT and Fishing Sector

The Guyana Revenue Authority continues to provide assistance to the general public on various issues regarding the application of Value-Added Tax (VAT). This policy addresses VAT and the Fishing Sector. ZERO-RATED Schedule I, Paragraph 2 (c) of the VAT Act…

GRA receives GMSA Public Sector Award

The Guyana Revenue Authority (GRA) received the Public Sector Award at an Annual Awards Presentation Ceremony hosted by the Guyana Manufacturing & Services Association Ltd (GMSA) on November 27, 2022. The honor was presented in recognition of GRA introducing the…
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