The local manufacturing sector yesterday appealed to government to re-examine the $1.2 billion settlement over an environmental tax imposed by Guyana on Surinamese company RUDISA International saying that the firm may owe more in taxes after its representatives admitted to under–invoicing.
In a statement, the Guyana Manufacturing & Services Association (GMSA) strongly recommended government to re-examine its decision to accede to the demands by RUDISA for a refund of the US$6.22 million representing the Environmental Tax (E-Tax) paid to Guyana. RUDISA had taken Guyana to the Caribbean Court of Justice (CCJ) and the court awarded US$7.72M to the company but the beverage company agreed to accept US$1.5M less after its principals met with President David Granger and State Minister Joseph Harmon.
“As the official business representative of private sector manufacturers in Guyana,