Businessman ordered to repay $66,000 in VAT

Not registered with Board of Inland Revenue

A man who charged Value Added Tax (VAT) for services rendered while not being registered with the Board of Inland Revenue pleaded guilty to the offence and was yesterday fined $21,000 and 240 hours community service.

The man was also ordered to repay the VAT in the sum of $66,000 at the Port of Spain Magistrates' Court.

Gyasi Gonzales, “Businessman ordered to repay $66,000 in VAT,” Trinidad Express, August 27, 2015.