Chairman of the Mayor & City Council’s Finance Committee Councillor Junior Garrett is determined to finalize plans which will see the body reclaiming Value Added Tax (VAT) that was paid to the Guyana Revenue Authority (GRA).
“In March of this year, we decided to have a VAT reclamation clerk. It’s now June, six months into the year, and to date, that has not been put in place. You have departments that are non-functional like the IT Department and we can utilize staff from that department. This issue of VAT is important because every month we have to find $5 million to pay GRA and we have money to reclaim,” Garrett said at yesterday’s statutory meeting.
The Finance Committee head stated that this is a very important issue, which should be addressed immediately. He explained that
