• Latest
ird

Crackdown on business operators who fail to obtain an annual licence

4 years ago
NDC signals a fresh start

PM Hon. Dickon Mitchell to attend 43rd Caricom Heads meeting in Suriname

12 hours ago
Docked salaries of teachers to be repaid

Docked salaries of teachers to be repaid

1 day ago

Cabinet of Ministers as of 30 June 2022

1 day ago
Auto Draft

8th Chinese Bridge Competition

1 day ago
28 & 29 August RGPF Live Ammunition Training

Live ammunition training 2 July 2022

1 day ago
International Day of Co-operatives 2 July

International Day of Co-operatives 2 July

1 day ago
Traffic Notice: River Road limited access

Traffic Advisory: Oil Spill, vicinity of “1910”

1 day ago
NDC announces 7 candidates

PM Dickon Mitchell’s first overseas trip is to 43rd Caricom Heads meeting

1 day ago
Buy more shares in GRENLEC

New majority shareholder for Grenlec priority

1 day ago
Claims of coronavirus at SGU designed to create fear and panic

Covid-19 update: Grenada Dashboard 30 June 2022

2 days ago
Mighty Sparrow to be honoured with special day in Grenada

Mighty Sparrow to be honoured with special day in Grenada

3 days ago

Update: NAWASA’s water systems

3 days ago
NOW Grenada
  • Front Page
  • Categories
    • General News
      • All
      • Agriculture & Fisheries
      • Arts & Culture
      • Business
      • Education
      • Environment
      • Health
      • History
      • Lifestyle
      • Law
      • Politics
      • Technology
      • Travel & Tourism
      • Weather
      • Youth
    • Sports
      • All
      • Athletics
      • Cricket
      • Football
      • Watersports
    • Community
      • All
      • Tribute
    • Crime
    • Features
      • All
      • Today in History
    • Opinion/Commentary
    • Press Releases
      • All
      • Advertisements
      • Notices
  • Video
  • Notices & Vacancies
  • Advertise
  • Contact Us
No Result
View All Result
  • Front Page
  • Categories
    • General News
      • All
      • Agriculture & Fisheries
      • Arts & Culture
      • Business
      • Education
      • Environment
      • Health
      • History
      • Lifestyle
      • Law
      • Politics
      • Technology
      • Travel & Tourism
      • Weather
      • Youth
    • Sports
      • All
      • Athletics
      • Cricket
      • Football
      • Watersports
    • Community
      • All
      • Tribute
    • Crime
    • Features
      • All
      • Today in History
    • Opinion/Commentary
    • Press Releases
      • All
      • Advertisements
      • Notices
  • Video
  • Notices & Vacancies
  • Advertise
  • Contact Us
No Result
View All Result
NOW Grenada
No Result
View All Result

Crackdown on business operators who fail to obtain an annual licence

This story was posted 4 years ago
21 September 2018
in Business
4 min. read
ird
Ministry of Finance, Financial Complex, Saint George’s
Share

by Linda Straker

  • Annual licence must be obtained on or before 7 January
  • Licencing Act (CAP 172) provides for providers of services in several professions

The Government of Grenada is cracking down on business operators who should obtain a licence from the Inland Revenue Department to conduct business throughout the State but have failed to comply with the law.

The Licencing Act (CAP 172) provides for providers of services in several professions to obtain a state licence to conduct business within the state. Comptroller Michael Stephen said that there is evidence that not many are complying with the regulations and they will be the targeted in the future.

Under the regulation, the list of persons who need a licence to operate includes Surveyors, Travel Agents, Real Estate Agents, Landscapers, Engineers, Pharmacists, Doctors, Lawyers, Accountants, Architects, Building Contractors, Boatmen, Hucksters/Traffickers and Hawkers.

According to regulations the annual licence must be obtained on or before 7 January.

The legislation was approved since 1962 with various amendments over the years with regards to the cost of the licence and the inclusion of new professions.

A licenced person keeping an establishment for the conduct of any business or calling required to be licenced under the preceding section shall have over the principal entrances of such establishment painted in legible characters at least one inch in length, his or her name with the addition of such other words as shall denote that he or she is licenced to carry on such business or calling; and a person contravening the provisions of this section shall be guilty of an offence.

According to the legislation “A person liable to take out a licence under this Act who neglects to do so in the manner prescribed by this Act shall be guilty of an offence and liable to a fine of five hundred dollars, and where at the time of conviction he or she had not paid for or taken out the required licence he or she shall also pay into court, in addition to such fine, a sum equal to the fee payable for the licence neglected to be taken out; and upon payment of such licence fee the magistrate shall notify the Permanent Secretary thereof as soon as practicable thereafter.

Recently, government through the Inland Revenue Department called on Refreshment House and Liquor Dealer operators to obtain their licence which according to the law must be obtained annual no later than 7 January. It will cost between EC$150 and EC$250 for liquor dealers and EC$500 for Refreshment House operators.

The latest targeted group is Used Vehicle Dealers whose annual licence cost EC$10,000.

Stephen said a meeting was held on Thursday with used car dealers to explain the legislative requirement and following the meeting, customs will be advised to enforce restrictions. “No Used Car Dealer will be allowed to remove goods from bond/warehouse unless they can provide evidence they had obtained the licence to operate from the authority,” he said while reconfirming that all licences must be obtained by 7 January and we are already in September.

NOW Grenada is not responsible for the opinions, statements or media content presented by contributors. In case of abuse, click here to report.
Tags: inland revenue departmentlicencelicencing act (cap 172)linda strakerliquor dealerrefreshment house
Next Post
West Palm Beach accident claims life of Grenadian youth

West Palm Beach accident claims life of Grenadian youth

Comment on post Cancel reply

Please enter your valid email address.
Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

© NOW Grenada. All Rights Reserved. Published by Aqua Design Inc. | Terms of Use | Privacy Policy

No Result
View All Result
  • Front Page
  • Categories
    • General News
      • All
      • Agriculture & Fisheries
      • Arts & Culture
      • Business
      • Education
      • Environment
      • Health
      • History
      • Lifestyle
      • Law
      • Politics
      • Technology
      • Travel & Tourism
      • Weather
      • Youth
    • Sports
      • All
      • Athletics
      • Cricket
      • Football
      • Watersports
    • Community
      • All
      • Tribute
    • Crime
    • Features
      • All
      • Today in History
    • Opinion/Commentary
    • Press Releases
      • All
      • Advertisements
      • Notices
  • Video
  • Notices & Vacancies
  • Advertise
  • Contact Us

Copyright NOW Grenada

We are using cookies to give you the best experience on our website.

You can find out more about which cookies we are using or switch them off in settings. Visit our Privacy Policy | Terms of Use.

Powered by  GDPR Cookie Compliance
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful. Visit our Privacy Policy | Terms of Use.

Strictly Necessary Cookies

Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.

If you disable this cookie, we will not be able to save your preferences. This means that every time you visit this website you will need to enable or disable cookies again.