On Wednesday 6th July 2016 president of the Guyana Manufacturing and Services Association (GMSA), Mr. Eon Caesar, told Stabroek News that the association was notified by the Guyana Revenue Authority (GRA) that the latter had decided to enforce import taxes on items ineligible for exemption under the Revised Treaty of Chaguaramas, which governs trade relationships between Caribbean Community states. For some years, the previous PPP/C government had not enforced these taxes and not surprisingly therefore, Mr. Caesar and members of his organisation were most upset.
The introduction of taxes has important implications for producers, consumers, employees, etc., and what must have been even more