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Khurshid Sattaur
Commissioner General
Mission Statement
Our mission is to promote compliance with Guyana’s Tax, Trade and Border Laws and Regulations through education, quality service and responsible enforcement, thereby contributing to the economic and social well being of the people of Guyana. |
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Nadia De Abreu
Director - Corporate Communications Unit
Tel: (592) 227-3680
ext 222 |
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Policy No. 27 – VAT and Motor Vehicles
The Guyana Revenue Authority continues to provide assistance to the general public on various issues regarding the application of Value Added Tax (VAT). This policy therefore seeks to address VAT and Motor Vehicles.
Schedule I, paragraph 2 (cc) of the VAT Act zero rates the importation of Motor Vehicles which are four (4) years and older from the date of manufacture. As a consequence, motor vehicles which are imported and are less than four years old from the date of manufacture will attract VAT at the standard rate of sixteen percent (16%) except in cases where the vehicles are not yet registered.
Please be informed that registered businesses including Auto Dealers whose taxable activity involves the purchasing of motor vehicles from persons in Guyana and reselling them to persons in Guyana or where vehicles were repossessed and are being resold, VAT will apply at the standard rate of sixteen percent (16%).
In addition, spare parts for motor vehicles attract VAT at the rate of sixteen percent (16%) when purchased from businesses that are registered to charge VAT.
If you require additional information or assistance on VAT, feel free to contact the Value- Added Tax and Excise Tax Department situated at 210 ‘E’ Albert and Charlotte Streets or by the telephone numbers 227- 7867, 227-7672 or 227- 3696.
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