Work by GRA enforcement team sees 75 more city businesses paying VAT

Commissioner General of the Guyana Revenue Authority (GRA) Godfrey Statia has stated that the work of a special enforcement team has seen nearly 75 businesses operating in central Georgetown being made to register for the payment of Value Added Tax (VAT).

Last month, the Private Sector Commission (PSC) had raised concerns about legitimate businesses being made non-competitive by several foreign owned companies who are not charging VAT on their products though they are eligible to do so.