Excise Tax Amendment Bill News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Amendments to the Value Added Tax (VAT) Regulations 2022 were passed in Parliament on Monday, November 21. The amendments were made to update the tariff headings numbers and the descriptions of items within the VAT framework. The bill, as well as amendments to two other pieces of legislation were tabled by the Minister of Finance, Camillo Gonsalves and approved by Parliamentarians. The first regulation was the Excise Tax Amendment Bill …

The Government of St Vincent and the Grenadines has made the move to bring excise duties in line with its regional counterparts with the passing of the Excise Tax Amendment Bill in the House of Parliament on Monday, November 21. Minister of Finance, Camillo Gonsalves tabled the Bill which is aimed at amending the customs tariff heading of goods from January 1, 2023, in agreement with the Common External Tariff …