Page 22 - Excise Division News Today : Breaking News, Live Updates & Top Stories | Vimarsana

New warning about fake, expired vaccines in Trinidad and Tobago A vial of the AstraZeneca vaccine available in Trinidad and Tobago. - AYANNA KINSALE MEMBERS of the public were again warned on Saturday against accepting any covid19 vaccines offered by any entity other than the Government because these vaccines are fake, counterfeit, expired and could harm them. The warning came from Health Minister Terrence Deyalsingh and Chief Medical Officer (CMO) Dr Roshan Parasram at the virtual health news conference. Deyalsingh said the Pan American Health Organisation (PAHO) recently warned people again...

US$ seized in court case to be deposited in Treasury Friday 12 March 2021 CLOSE to US$140,000 which was taken from a man accused of trying to smuggle it into the country by hiding it in the lining of a suitcase will no longer be just “lying around.” Instead it will be deposited in the Treasury to be put in an interest-bearing account with the Central Bank. The money had been with the property keeper of the Customs and Excise Division, which prosecuted Jesse Vanderpool, who was fined $125,000 when he pleaded guilty to making a false declaration about the cash. Since Vanderpool was repriman...

Changes to customs charges and postal requirements Wed, 10 Mar 2021 People are being reminded that postal goods, received from outside of the UK, may now be subject to import duties. It comes after Isle of Man Customs and Excise reported an increase in queries since changes were introduced from 1 January 2021 following Brexit. The changes include the charge of Customs Duty, Excise Duty and VAT on goods arriving from the EU. The Customs and Excise Division is responsible for collecting any charges due on goods arriving through the post and, if applicable, will send a letter detailing any p...

Reminder VAT returns must be submitted online next month Tue, 09 Mar 2021 VAT-registered businesses and individuals are reminded that they will be required to submit Value Added Tax (VAT) returns online and make payments electronically from 1 April 2021. Three-quarters of VAT returns are currently submitted electronically using the Isle of Man Government’s online services. It will become mandatory to submit this way from 1 April to ensure all customers are prepared for the forthcoming introduction of an improved system with greater online functionality. Customers who are not currently e...

Financial expert believes gov’t should lower customs duties in lieu of granting waivers Spread the love An economist is suggesting that the government consider decreasing customs duties in a bid to ultimately increase the amount of taxes it collects. During last Thursday’s Budget presentation, Prime Minister Gaston Browne disclosed that in 2019, of every $1 that was collected by the Customs and Excise Division, an equivalent amount was waived, and to that end a decision had been made to gradually reduce the total tax exemptions to no more than 25 percent of potential revenue. The PM said ...