House of Representatives

Motions

Exemption from Import Duties of Customs 1

House of Representatives - 1st 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. 11 of 2011, the last Resolution in respect of the goods identified therein came into effect on 1st January, 2011 and shall expire on 31st December, 2015;

AND WHEREAS it is expedient that certain goods continue be exempt from import duties of Customs as of 1st January, 2016;

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 ColumnSecond ColumnThird Column
Class of goodsPurposes for which goods are to be usedPeriod of Exemption
Equipment, material and suppliesImported for use in off-shore petroleum exploration, petroleum operationsFrom 1st January, 2016 to 31st December, 2017

(By the Minister of Trade and Industry)

11 Dec 2015
Approved
5 speakersShow Speakers
1.Senator the Honourable Paula Gopee-Scoon [Minister of Trade and Industry]
2. Dr. Bhoendradatt Tewarie [Caroni Central] [Opposition Member]
3.Ms. Nicole Olivierre [La Brea] [Minister of Energy and Energy Industries]
4.Mr. Fazal Karim [Chaguanas East] [Opposition Member]
5.Senator the Honourable Paula Gopee-Scoon [Minister of Trade and Industry]