Logistics company in court for alleged tax evasion

Feb 27, 2025 News

Kaieteur News- A representative of Century Tamara Logistics Service Inc (CTLS) appeared at the Georgetown Magistrates’ Courts on Wednesday to answer five counts of failure to file income tax and Pay As You Earn (PAYE) charges.

Sheldon Davis, the managing director for CTLS who represented the company in court, pleaded not guilty to all five charges that were read to him by Acting Chief Magistrate Faith McGusty.

The Guyana Revenue and Authority (GRA) prosecutor/representative informed the court that CTLS had not submitted corporation tax returns to GRA’s Commission General, Godfrey Statia for the years 2021 and 2022.

The court heard that the company failed to submit their PAYE to the Commissioner General for July, September, October, November and December 2022 of that year as well as February, March and May 2023.

It was also alleged that CTLS failed to lodge value added tax return for the tax period of August, September, October, November and December 2022 as well as January, March, April, May, June, July, November and December 2023.

Another charge states that the company failed to submit employee’s tax returns to the revenue authority for the year of assessment 2023 and 2024. It is also alleged that the company failed to lodge Value Added Tax returns for the tax period June, August, September and October 2023 as well as January, February, March, April, May, July, August and September for the year 2024. Magistrate McGusty placed Davis on self-bail and the matter was adjourned to March 26, 2025.

(Logistics company in court for alleged tax evasion)

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