Banks, DDL on committee to address proposed tax on beverage holders

Banks DIH Ltd and Demerara Distillers Ltd the country’s two major beverage manufacturers are on a committee set up by the Guyana Manufacturers and Services Association (GMSA) to prepare a position paper on the proposed amendment to the Customs Act that will see local drinks’ manufacturers having to pay a tax on receptacles.

President of the GMSA Mohindra Chand told Stabroek Business in a telephone interview earlier this week that his organisation is already engaging Finance Minister Dr Ashni Singh on the proposed amendment to the Customs legislation since the manufacturing sector is likely to be the most affected by it. “The committee, which includes our major beverage manufacturers …..To continue reading, login or subscribe now.



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