A clash in Parliament on Thursday over the state of the rice industry saw Minister of Agriculture, Noel Holder committing to a review of the imposition of VAT on imported machinery and spares.
He made the statement while debating a motion in the name of People’s Progressive Party/Civic (PPP/C) MP Irfaan Ali regarding the state of the rice industry. While rejecting many of the claims in the motion, Holder said: “It is true that VAT is now being charged on imported machinery, equipment and spares unlike the earlier years but this can be re-looked at and [I] will ensure this is done so that recommendations, if considered feasible, can be made to the Ministry of Finance.”
The motion had to be adjourned because of the opening of GuyExpo and debate on it
