Latest update November 7th, 2024 1:00 AM

Guyana's largest selling daily and New York's most popular weekly

Latest News

GRA announces new measures for donations to quake victims

Feb 26, 2010 News

The Guyana Revenue Authority (GRA) has announced new measures that will see individuals, businesses and other organizations having to seek exemptions before making any donations to earthquake-hit Haiti.
In a notice published in Kaieteur News yesterday, GRA explained that based on the conditions, VAT exemptions will be given to approved charitable organizations and companies wishing to purchase certain items for shipment to Haiti.
Local manufacturers wanting to donate their products will also be exempted from the payment of VAT applicable, the body said in the notice.
To obtain the exemption, a written application to the Tax Exemption Processing and Verification Unit, GRA, must be made. The Taxpayer Identification Numbers must be provided for both the suppliers and organizations involved, GRA said.
Once donations are made to the Guyana Haiti Relief Fund or any approved charitable organization, the manufacturer or company must provide GRA with a copy of the valid receipt from the agency by March 31 or face revocation of the exemption letter and be liable for the VAT charges.
GRA reminded that several food items are zero-rated from VAT, including sugar, brown rice and cooking oil, in the list of items that can be donated to Haiti.
Recently, Kaieteur News was ordered to stop collecting monies for donations to Haiti which was hit by a massive earthquake in January which left over 200,000 persons dead.
The Ministry of Home Affairs, according to a police officer it had sent to the offices of Kaieteur News, explained that the newspaper should have sought permission which could take up to 30 days.
The newspaper had taken in over $4M and subsequently discontinued the collection. The money was handed over to the Guyana Haiti Relief Fund.

Similar Articles

The Glenn Lall Show | November, 6th, 2024

Follow on Tik Tok @Glennlall

THE BLUNT OF THE DAY

Sports

$1.5M up for grabs at K&S National Futsal Championship

$1.5M up for grabs at K&S National Futsal Championship

Nov 07, 2024

…Tournament kicks off November 20   kaieteur Sports- The Kashif and Shanghai Organisation, a name synonymous with the legacy of “Year End” football in Guyana, is returning to the local...
Read More
Big Names Ready for Group 4 Showdown at ENET Caribbean Clash of Champions

Big Names Ready for Group 4 Showdown at ENET...

Nov 07, 2024

West Indies hammer England in series decider

West Indies hammer England in series decider

Nov 07, 2024

Guyana Amazon Warriors confirm squad for 2024 Global Super League

Guyana Amazon Warriors confirm squad for 2024...

Nov 07, 2024

Excitement brews ahead of Hamilton Green’s KO Football C/ship kickoff

Excitement brews ahead of Hamilton Green’s KO...

Nov 07, 2024

SAMUEL FOO wins SEN School’s Chess Competition

SAMUEL FOO wins SEN School’s Chess Competition

Nov 07, 2024

Features/Columnists

Publisher’s Note

Freedom of speech is our core value at Kaieteur News. If the letter/e-mail you sent was not published, and you believe that its contents were not libellous, let us know, please contact us by phone or email.

Feel free to send us your comments and/or criticisms.
Contact: 624-6456; 225-8452; 225-8458; 225-8463; 225-8465; 225-8473 or 225-8491.
Or by Email: [email protected] / [email protected]

Weekend Cartoon

Bridge Watch

Demerara Harbour Bridge

> Berbice Bridge […]