• Latest
ird

Crackdown on business operators who fail to obtain an annual licence

3 years ago
Entertainers fully vaxxed and ready to perform at Sandals Grenada

Entertainers fully vaxxed and ready to perform at Sandals Grenada

2 hours ago
Senator identifies finance as major shortcoming for sectors he represents

St Clair: MNIB resuming exporting of produce is good news 

2 hours ago
Working together for growth & development

Working together for growth & development

6 hours ago
Government says “no physical altercation” between journalist and junior minister

Collaborate with NaDMA for Covid-19 compliant relief effort

19 hours ago
Securing Economic Integration: The importance of intraregional trade

Guidance for processing incoming persons from St Vincent

19 hours ago
Ridge to Reef and MNIB launch Pest Management Project

MNIB resumes exporting; Increased inquiries from Barbados

22 hours ago
Environmentalists unconvinced over Levera no-encroachment claim

Levera Project holding community consultations

22 hours ago
SGU and Government of Grenada establish diagnostic testing facilities

SGU reopening; mandatory vaccination for all on campus

23 hours ago
Finding a way forward

Finding a way forward

24 hours ago
SGU Receives Equity Investment

In-person learning on SGU True Blue campus for August term

1 day ago
SAMS lends support to government vaccination drive

SAMS lends support to government vaccination drive

1 day ago
Grenada welcomes UN plans to strengthen coordination of development assistance

Grenada welcomes UN plans to strengthen coordination of development assistance

1 day ago
NOW Grenada

Main Header Ad 468x60

booked.net
  • 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

Article Header

Crackdown on business operators who fail to obtain an annual licence

This story was posted 3 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 story 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.

Home Sidebar NP 300x250

© 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.

NOW Grenada
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.