The Guyana Revenue Authority (GRA) yesterday emphasized that Article 21.1 of the Purchase Agreement between the Government of Guyana and Esso Exploration and Production Guyana Limited (EEGPL) defines the tax relationship between the company and its sub-contractors.
The GRA said that the Contractor and the Sub-Contractors engaged in Petroleum Operations shall be permitted to “import, free of duty, VAT or all or any other duties, taxes, levies or imposts, all equipment and supplies required for Petroleum Operations including but not limited to drill ships, platforms, vessels, geophysical tools, communications equipment, explosives, radioactive sources, vehicles, oilfield supplies, lubricants, consumable items (other than foodstuffs or alcoholic beverages or fuel), as well as all items listed on Annex D.