The Cheddi Jagan International Airport (CJIA) said on Tuesday it has no plans to charge the 14 percent Value Added Tax (VAT) airport security fees nor will it increase the current car park fees by 14%, effective Wednesday February 1, 2017.
In a press release CJIA Chief Executive Officer, Ramesh Ghir, said after serious consideration, the airport’s Board of Directors decided that the Airport Corporation would absorb the loss of income.
“The Board opined that it would have been unreasonable to add VAT to fees that were recently increased. Instead, the Corporation would bear that loss,” Ghir stated.
CJIA said VAT will be charged on all other categories of income.
Airport operators were also officially notified of the new tax charges, the release said.