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Guyana Announces VAT and Excise Reductions on Vehicle Imports and Fuel

|Approved Changes|Guyana
Guyana

The Guyana Revenue Authority has announced the implementation of the VAT and excise duty measures of the Budget 2022. The measures are effective 11 February 2022 and include:

  • Removal of VAT on the import of:
    • new motor trucks of any tonnage used in the transport of goods (new means vehicles less than four years old);
    • new haulers or similar vehicles used for pulling containers,
    • cranes, and
    • safe…

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