Motions
Exemptions from import duties of Customs 2
House of Representatives - 1st Session - 12th Republican Parliament
WHEREAS it is provided by 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. 158 of 2017, the last Resolution in respect of the goods identified therein came into effect on 1st January, 2018 and shall expire on 31st December, 2020:
AND WHEREAS it is expedient that certain goods continue to be exempt from import duties of Customs as of 1st January 2021:
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 enteredfor use for the purposes specified in the Second Column for the period 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 production operations | From 1st January, 2021 to 31st December, 2022 |
this Resolution shall come into effect on 1st January, 2021.
(By the Minister of Trade and Industry)