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Guide to Rates and Taxes on Construction Equipment: Exemptions and Applicable Laws

  • Zero-rated construction supplies include locally produced sand, stone, concrete blocks, steel beams, roofing products, and more
  • Capital equipment and machinery used in mining, forestry, agriculture, construction, and manufacturing industries are zero-rated for VAT
  • Exempt construction supplies include new motor trucks, safety equipment, machinery for renewable energy, and accommodation in residential dwellings

Source: gra.gov.gy

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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