Guide

GRA tax for contractors: records, not a rate card

What Guyana Revenue Authority records a contractor should be able to show, without a tax rate or a made-up penalty.

What the official sources say

The Guyana Revenue Authority administers tax, customs, and petroleum-related fiscal work. A contractor's file usually needs a TIN, a conscious decision on VAT registration, invoices that match the return, and customs declarations for goods that cross the border. Whether a supply is exempt, zero-rated, or standard-rated is a tax-adviser question. This page states no rate.

Where this catalogue quotes a penalty, it quotes the GRA page. VAT Policy 21, updated 2 February 2026, is the source for the return provisions we list. Customs penalty wording is the GRA customs notice. Other tax offences were not given amounts, so they appear as an unverified backlog, not as zero.

Open the cited source

Checklist

Keep the TIN and the VAT registration status, including "not required", with the reason.
Store returns beside the invoices for that period.
Do not calculate a penalty inside the workspace.
Use the GRA page for any figure you rely on.
Separate customs declarations from income-tax workings.

Questions people ask

What VAT rate does PetroMetric use for contractors?

None. No rate is published here. A tax adviser reads the current Act, the exemptions, and the contract.

Is a GRA penalty the same as a local-content fine?

No. They are different statutes, different agencies, and different evidence. Do not add them together.

Does the workspace file a VAT return?

No. It can hold the evidence you choose to upload. It does not submit a return to the GRA.

Informational only. This is not legal, tax, or regulatory advice, and it is not a certification or a government publication. A qualified legal reviewer has not been appointed. Confirm the current Act, permit, licence, and guideline before you rely on a date or a figure. PetroMetric does not file reports or applications with any agency. Source snapshot 8 November 2026, America/Guyana. Contact (592) 600-1096 or service@computingcore.net. Contact for pricing.