Guyana is losing as much as $3 to $6 billion in revenue every year from the failure to properly register imported heavy-duty vehicles.
In fact, according to Guyana Revenue Authority (GRA) Commissioner General, Godfrey Statia, of the 2,600 heavy-duty vehicles imported over the last seven years, only 319 have been registered and some 1,200 which were granted exemptions have been relocated.
“From 2010 and more so from 2012, just about 2600 heavy-duty equipment was imported, but GRA only has 319 of those as registered. It means that about 2300 are outside there, somewhere.