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Statement from the Ministry of Finance on donations and concessions

This story was posted 2 years ago
19 June 2019
in Business, PRESS RELEASE
2 min. read
ird
Ministry of Finance, Financial Complex, Saint George’s
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The Government of Grenada expresses sincere appreciation for the contributions and donations from organisations and persons at home and in the diaspora, who are desirous of supporting its development agenda.

To avoid delays and enable a seamless experience at the ports of entry, the Government is reminding persons interested in shipping items to various sectors and or entities in Grenada of the procedures to be followed.

Any person wishing to donate items to entities in Grenada for charitable purposes must write a letter to the Permanent Secretary, Ministry of Finance, Carenage, St George’s, requesting Duty Free Concession. The letter must include a detailed list of the items to be imported and should reach the Permanent Secretary’s Office, at least 2 weeks before the items arrive in Grenada.

This would give the Concession Desk adequate time to process applications since some applications require input from other entities, regarding eligibility for concession before the final decision is made.

It is therefore incumbent on the applicant to plan efficiently to ensure sufficient time is allotted to the application process. The Ministry of Finance cannot be held responsible for charges incurred as a result of late application and or any other delays associated with importation.

It must be noted that if another organisation or ministry is requesting concession on behalf of an entity, follow-up activity must be made through the entity making the application and not directly with the Ministry of Finance.

The Ministry of Finance as usual aims at ensuring that all applications are processed in a timely manner.

Government reiterates sincere appreciation for external donations and encourages the general public to abide by its stipulated guidelines.

Ministry of Finance

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Comments 1

  1. Roy Hall says:
    2 years ago

    Note: My understanding that the bill of lading must be submitted along with the application for tax and duty free concession. Shipping from Miami takes only one week. Therefore, we are subject to port storage charges if the application takes 2 weeks to process. Furthermore, if the application can only be processed after the goods are shipped and the BOL is available, and the application is denied, we must pay tax and duty on goods that we might otherwise not have shipped as the tax and duty are unaffordable.

    Is there any way that the application can be submitted and processed with approval subject only to submittal of the BOL? That way port charges would be avoided and we would know before we ship if approval is granted or denied.

    Thank you for considering.

    Roy Hall
    Gift Grenada, Inc. – Director

    Reply

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