- Ministry of Finance and Guyana Revenue Authority (GRA) will give directive on removing VAT and Duty on sport equipment
- G$4.6 billion allocated for sport in Budget 2024
- Vice-President clarified that vehicles are not considered sport equipment
- GRA submitted a list of qualifying sport equipment to the Ministry of Finance
- Feedback from sport fraternity highlighted the need to remove VAT on basic sport equipment like balls
Source: newsroom.gy
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.
Latest Posts in "Guyana"
- Guyana Exempts Key Construction Materials from VAT to Boost Development
- Guyanese 2025 Budget: VAT Removed on Agricultural Machinery, Poultry Pens, Veterinary Supplies, and Generators
- Guyana Revenue Authority Announces 2025 Customshouse Brokers Programme Launch and Payment Details
- Guyana Revenue Authority Pursues Legal Action Over Fraudulent Luxury Car Import Tax Evasion
- Guyana Lowers Business Costs with VAT Amendments
