The Tax Administration of Jamaica released Advisory Guide No. 051622/01/GCT-TA covering issues affecting the time of supply as a result of the change to the 15% GCT rate.
General consumption tax (GCT) is a value-added tax (VAT) imposed on the supply of products or services within Jamaica which exceeds the annual turnover threshold and on the importation of goods into Jamaica. Currently, the annual GCT registration threshold is JMD 10 million.
Source GVC
