Motions
Exempt from Import Duties of Customs 2
House of Representatives - 3rd Session - 11th Republican Parliament
WHEREAS section 56(1)(a) of the Customs Act, Chap, 78:01 that the House of Representatives may, from time to time, by Resolution, provide that any class of goods specified in the Resolution shall be exempt from import duties of Customs if the goods are imported or entered for use by any person for any purpose specified in the Resolution during any period to be fixed by the Minister in each particular case, not being a period terminating later than the date prescribed in the?Resolution as the last day on which such?exemption shall be operative, and subject to such conditions as the Minister may impose:
AND WHEREAS by Legal Notice No. 217 of 2015, the last Resolution in respect of the goods identified therein came into effect on 1st January, 2016 and shall expire on 31st December, 2017:
AND WHEREAS it is expedient that certain goods continue be exempt from import duties of Customs as of 1st January, 2018:
BE IT RESOLVED that the House of Representatives, in accordance with and subject to the provisions of section 56 of the Customs Act, exempt from import duties of Customs the class of goods specified in the First Column of the Schedule, being goods imported or entered for use for the purposes specified in the Third Column, but that this Resolution shall cease to have effect in respect of any class of goods specified in the First Column that is manufactured in Trinidad and Tobago:
SCHEDULE
FIRST COLUMN | SECOND COLUMN | THIRD COLUMN |
Class of Goods | Purposes for which goods are to be used | Period of Exemption |
Equipment, material and supplies | Imported for use in off-shore Petroleum, exploration and Petroleum operations | From 1st January, 2018 to 31st December, 2020 |
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(By the Minister of Trade and Industry)