Source document: https://docs-lawep.s3.us-east-2.amazonaws.com/1698841292113.pdf (Saint Vincent and the Grenadines)
APPLICATION FOR DUTY FREE CONCESSION ON VEHICLES UNDER THE TAXI OPERATORS’ FISCAL INCENTIVE PROGRAM Section 1: Owner Details 1.

Full Name: 2.

Address: 3.

Telephone #: 4.

Email Address: 5.

ID #:___________NIS #_____________ 6.

No.

of years as a Taxi Operator: 7.

Nature of Services: 11.

IRD Tax Information No.

Section 2: Vehicle Specifications (please attach invoice) 12.

Make: 13.

Model: 14.

Year of Manufacture: 15.

Chassis #: 16.

Seating Capacity: 8.

Tourism-approved License #: 9.


Date of Issuance: 10.

Year of Tourism Approved Registration: 17.

Vehicle type: Petrol/Diesel/Electric/Hybrid 18.

Transmission Type: 19.

Fuel Type (if applicable): ALL applicants are required to submit the following supporting documents: • Tourism approved license • Proforma Invoice/Quotation for Vehicle • Vehicle Specifications and pictures • Certificates of good standing from the Inland Revenue Department, National Insurance Services Eligibility Criteria i. ii.

iii.
iii.

iv.

v. All applicants for taxi concessions must be registered and licensed as stipulated in the St. Vincent and the Grenadines Tourism Authority Act (CAP…) and be in compliance with the annual license fees and registration payments for the last three (3) years consecutively.

Taxi operators must be in good standing in terms of licences and taxes with the Inland Revenue Department (IRD) and registered with the National Insurance Services (NIS) and be in good standing as a voluntary contributor.
All vehicles must be used primarily for the provision of transportation services for tours and general taxi services around St. Vincent and the Grenadines.

Vehicles must be licensed with an LC registration plate.

Taxi operators of vehicles must be familiar with and adhere to the requirements of the National Standard for Taxi Services.

vi.
vi.

If the vehicle is sold within four years, duties and taxes become payable on a pro rata basis in keeping with the Duties and Taxes (Exemption in the Public Interest) Act (CAP.

426).

Terms and Conditions 1.

2.

3.

4.

5.

6.

7.

Concessions will be granted on one (1) vehicle, not more than six (6) years old, within a four (4) year period.

The vehicle should be a motor car, SUV or minivan with seating capacity of a minimum of five (5) persons including the driver.
Vehicles granted concessions under this programme must not ply the routes as public service transport.

To do so, will constitute a violation of the terms and conditions of this incentives programme.

If any terms and conditions of this policy is violated, penalties will be imposed in accordance with the Customs (Control and Management) Act (CAP.

422).

Taxi Operators receiving concession will be exempt from of Import Duty, Excise Duty, Vehicle Charge and VAT as follows: 100% 75% 50% a.
Vehicles 0-1 year b.

Vehicles 2-3 years c. Vehicles 4-6 years All applications must be submitted with along with copies of supporting documents to the Permanent Secretary, Ministry of Tourism etc.

Any applicant who is aggrieved with the decision of the Director General, Finance and Planning, Ministry of Finance may submit an appeal to the Cabinet, within 21 days of the date of the letter communicating his decision.

Signature of Applicant Date Section 3: Ministry of Tourism etc.
Comments and Recommendations: Insert the compliance requirements here using tick boxes.

Good Standing Certificates (attach documents) Yes No NIS: IRD: Annual Tourism License: Comments and Recommendation  Recommended  Not Recommended Signature of Permanent Secretary Date Section 4: Ministry of Finance etc.

Comments and Recommendations:  Approved  Not Approved Director General Finance and Planning Date END