Manufacturers call for revision of Value Added Tax
Oct 14, 2013
CASTRIES, St. Lucia, CMC- Manufacturers here have urged the Government to reexamine issued related the Value Added Tax (VAT) that was introduced one year ago.
The manufacturers state that with empirical data and stakeholder feedback now available, the Government is in a position to make the necessary revisions to help deliver stability, jobs and economic growth.
President of the St. Lucia Manufacturers Association (SMA) Paula Calderon, says that one year after implementation of VAT her members continue to be plagued by policy and implementation issues that threaten their very survival.
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