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TTMA Urges Action on Ports and VAT Refunds for Manufacturers

  • TTMA president Roger Roach calls for solutions to outstanding VAT refunds and delays at ports
  • He mentions plans to operationalize the Port Authority and introduce private sector operator
  • Private sector operations at the port would improve efficiency and ease of doing business
  • TTMA members are owed $500 million in outstanding VAT refunds
  • Roach urges government to prioritize resolving VAT refund issue
  • TTMA hopes to have seven areas modified in the Beverage Container Bill
  • Minister of Trade and Industry Paula Gopee-Scoon says government is working on improving ease of doing business
  • Gopee-Scoon mentions work being done to modernize the port and address VAT refund issue.

Source: newsday.co.tt

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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