The purpose of this Technical Advisory is to provide guidance on issues arising on the application
of the reduction in the GCT rate from 16.5% to 15% as announced in the 2020-2021 Revenue
Measures in relation to supplies made by registered taxpayers.
This Technical Advisory will address:
(i) How the reduced rate should be applied to the various time of supply rules as provided
in Section 6 of the GCT Act.
(ii) Specific concerns raised by persons as to how to determine the rate of tax applicable
when there is a rate change and contracts/agreements/billings are already
negotiated/entered into/generated prior to the change.
Source: jamaicatax.gov.jm
