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Beverage company wins bid for seized liquor

Nov 13, 2015 News

A prominent beverage company is paying almost $36M for a container of expensive liquor seized by the Guyana Revenue Authority (GRA) over time.
Late last month, the tax collection agency published notices that it is inviting bids for the sale of 40-foot container of over 1,000 cases of alcohol, including vodka, whiskey and tequila. GRA said it received a total 21 bids which were subsequently opened on November 5.
Based on an analysis conducted, it was revealed that the beverage company provided the highest bid in the sum of $35.96M.
In the notice for the sale of the alcohol, GRA had said there were no claims made for them. The Customs Act allows for GRA to sell-off items which no claims have been made for.
Among the items for bidding were 739 cases of Absolut Vodka, 49 cases of Johnnie Walker Black Label whisky, 25 cases of Johnnie Walker Double Black, 25 cases of Hennessy, 50 cases of Coffee Patron, 100 cases of Jagermeister SE and 99 cases of Tequila.
The successful bidder, the tax authority said, will have to take care of the delivery and pay either in cash or manager’s cheque to the “Guyana Revenue Authority”. GRA was not allowing any inspections before the sale.

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