GRA rescues $113M in revenue  

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20100930GRA-278x185[www.inewsguyana.com] – The Guyana Revenue Authority (GRA) has managed to secure some $113,688,555M in revenue that would have otherwise been lost.

This is according to a newsletter issued by the Ministry of Home Affairs on Thursday April, 09, in which it is reported that the “Law Enforcement and Investigation Division (LEID), as a result of its anti-smuggling activities contributed $113,688,555 to the revenue of the country in 2014 as a result of 135 successful interdictions.”

It was also noted that 44.45% of the interdictions resulted in the seizure of contraband goods while 17.04% of the interdictions were as a result of the seizure of alcohol or alcoholic beverages.

“Those successful interdictions resulted from strategic and intelligence lead operations mounted by the GRA with support as required from other Agencies of the Task Force on Fuel Smuggling and Contraband,” the statement noted.

Meanwhile, it was also noted that the GRA in collaboration with the Guyana Defence Force Coast Guard, during the month of February 2015, launched joint exercises from the GDF Floating Patrol Base located in the Pomeroon River.

The activities resulted in the seizure of a quantity of contraband items including engine oil, soft drinks and salt.

 

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