Common use of Import Duties Clause in Contracts

Import Duties. 38.1. The Contractor and the Sub-Contractors engaged in Petroleum Operations shall be permitted to import, free of duty, VAT or all or any other duties, taxes, levies or imposts, all equipment and supplies required for Petroleum Operations including but not limited to drillships, platforms, vessels, geophysical tools, communications equipment, explosives, radioactive sources, vehicles, oilfield supplies, lubricants, consumable items (other than foodstuffs or alcoholic beverages or fuel), as well as all items listed on Annex D. The aforementioned items, including but not limited to the items listed on Annex D, shall be deemed approved and certified by the Chief Inspector to be for use solely in carrying out Petroleum Operations. The Contractor shall give prior notification to the Minister of Sub- Contractors engaged in Petroleum Operations. (a) Subject to Article 38.1, and for as long as this Agreement remains in force the Contractor and Sub- Contractors engaged in Petroleum Operations hereunder shall be required to pay to the relevant authority a ten percent (10%) excise tax on any fuel imports, where such imports have been certified by the Chief Inspector to be used solely in carrying out Petroleum Operations in any area within the Contract Area. 38.2. Subject to Article 24, any of the items imported into Guyana may, if no longer required for Petroleum Operations hereunder, be freely exported at any time by the importing party, without the payment of any export duty or impost provided, however, that on the sale or transfer by the importer of any such item to any person in Guyana (other than the Government) import duty shall be payable by the importer on the value thereof at the date of such sale or transfer as determined by the Guyana Revenue Authority in accordance with their applicable rules. 38.3. Each Expatriate Employee of the Contractor (including any Affiliated Company) and of Sub-Contractors, who have been assigned to work in Guyana for the Contractor or its Sub Contractors shall be permitted, subject to the limitations and conditions set out in the Customs Act, to import into Guyana free of import duty and taxes within six (6) months on first arrival their personal and household effects including one (1) motor vehicle, provided, however, that no property so imported by the employee shall be sold by him in Guyana except in accordance with Government regulations and upon the payment of the prescribed customs duties. Any importation or replacement of motor vehicles by Expatriate Employees of the Contractor (including any Affiliated Company) and of Sub Contractors, shall be a matter for consultation with the Minister. 38.4. Each Expatriate Employee of the Contractor (including any Affiliated Company) and of Sub-Contractors shall have the right to export from Guyana, free of all duties and taxes, and at any time, all of the items imported under Article 38.3.

Appears in 3 contracts

Samples: Production Sharing Agreement, Production Sharing Agreement, Production Sharing Agreement

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Import Duties. 38.139.1. The Contractor and the Sub-Contractors engaged in Petroleum Operations shall be permitted to import, free of duty, VAT or all or any other duties, taxes, levies or imposts, all equipment and supplies required for Petroleum Operations including but not limited to drillships, platforms, vessels, geophysical tools, communications equipment, explosives, radioactive sources, vehicles, oilfield supplies, lubricants, consumable items (other than foodstuffs or alcoholic beverages or fuel), as well as all items listed on Annex D. The aforementioned items, including but not limited to the items listed on Annex D, shall be deemed approved and certified by the Chief Inspector to be for use solely in carrying out Petroleum Operations. The Contractor shall give prior notification to the Minister of Sub- Contractors engaged in Petroleum Operations. (a) Subject to Article 38.139.1, and for as long as this Agreement remains in force the Contractor and Sub- Contractors engaged in Petroleum Operations hereunder shall be required to pay to the relevant authority a ten percent (10%) excise tax on any fuel imports, where such imports have been certified by the Chief Inspector to be used solely in carrying out Petroleum Operations in any area within the Contract Area. 38.239.2. Subject to Article 2425, any of the items imported into Guyana may, if no longer required for Petroleum Operations hereunder, be freely exported at any time by the importing party, without the payment of any export duty or impost provided, however, that on the sale or transfer by the importer of any such item to any person in Guyana (other than the Government) import duty shall be payable by the importer on the value thereof at the date of such sale or transfer as determined by the Guyana Revenue Authority in accordance with their applicable rules. 38.339.3. Each Expatriate Employee of the Contractor (including any Affiliated Company) and of Sub-Sub- Contractors, who have been assigned to work in Guyana for the Contractor or its Sub Contractors shall be permitted, subject to the limitations and conditions set out in the Customs Act, to import into Guyana free of import duty and taxes within six (6) months on first arrival their his personal and household effects including one (1) motor vehicle, provided, however, that no property so imported by the employee shall be sold by him in Guyana except in accordance with Government regulations and upon the payment of the prescribed customs duties. Any importation or replacement of motor vehicles by Expatriate Employees of the Contractor (including any Affiliated Company) and of Sub Contractors, shall be a matter for consultation with the Minister. 38.439.4. Each Expatriate Employee of the Contractor (including any Affiliated Company) and of Sub-Sub- Contractors shall have the right to export from Guyana, free of all duties and taxes, and at any time, all of the items imported under Article 38.339.3.

Appears in 2 contracts

Samples: Production Sharing Agreement, Production Sharing Agreement

Import Duties. β€Œ 38.1. The Contractor and the Sub-Contractors engaged in Petroleum Operations shall be permitted to import, free of duty, VAT or all or any other duties, taxes, levies or imposts, all equipment and supplies required for Petroleum Operations including but not limited to drillships, platforms, vessels, geophysical tools, communications equipment, explosives, radioactive sources, vehicles, oilfield supplies, lubricants, consumable items (other than foodstuffs or alcoholic beverages or fuel), as well as all items listed on Annex D. The aforementioned items, including but not limited to the items listed on Annex D, shall be deemed approved and certified by the Chief Inspector to be for use solely in carrying out Petroleum Operations. The Contractor shall give prior notification to the Minister of Sub- Contractors engaged in Petroleum Operations. (a) Subject to Article 38.1, and for as long as this Agreement remains in force the Contractor and Sub- Contractors engaged in Petroleum Operations hereunder shall be required to pay to the relevant authority a ten percent (10%) excise tax on any fuel imports, where such imports have been certified by the Chief Inspector to be used solely in carrying out Petroleum Operations in any area within the Contract Area. 38.2. Subject to Article 24, any of the items imported into Guyana may, if no longer required for Petroleum Operations hereunder, be freely exported at any time by the importing party, without the payment of any export duty or impost provided, however, that on the sale or transfer by the importer of any such item to any person in Guyana (other than the Government) import duty shall be payable by the importer on the value thereof at the date of such sale or transfer as determined by the Guyana Revenue Authority in accordance with their applicable rules. 38.3. Each Expatriate Employee of the Contractor (including any Affiliated Company) and of Sub-Contractors, who have been assigned to work in Guyana for the Contractor or its Sub Contractors shall be permitted, subject to the limitations and conditions set out in the Customs Act, to import into Guyana free of import duty and taxes within six (6) months on first arrival their personal and household effects including one (1) motor vehicle, provided, however, that no property so imported by the employee shall be sold by him in Guyana except in accordance with Government regulations and upon the payment of the prescribed customs duties. Any importation or replacement of motor vehicles by Expatriate Employees of the Contractor (including any Affiliated Company) and of Sub Contractors, shall be a matter for consultation with the Minister. 38.4. Each Expatriate Employee of the Contractor (including any Affiliated Company) and of Sub-Contractors shall have the right to export from Guyana, free of all duties and taxes, and at any time, all of the items imported under Article 38.3.

Appears in 1 contract

Samples: Production Sharing Agreement

Import Duties. 38.1. 21.1 The Contractor Contractor, and the Sub-Contractors engaged in Petroleum Operations shall be permitted to import, free of duty, VAT or all or any other duties, taxes, levies or imposts, all equipment and supplies required for Petroleum Operations including but not limited to drillships, platforms, vessels, geophysical tools, communications equipment, explosives, radioactive sources, vehicles, oilfield supplies, lubricants, consumable items (other than foodstuffs or alcoholic beverages or fuel), as well as all items listed on Annex D. The aforementioned items, including but not limited to the items listed on Annex D, shall be deemed approved and certified by the Chief Inspector to be for use solely in carrying out Petroleum Operations. The Contractor shall give prior notification to the Minister of Sub- Sub-Contractors engaged in Petroleum Operations. (a) . β€’ Subject to Article 38.121.1, and for as long as this Petroleum Agreement remains in force the Contractor and Sub- Sub-Contractors engaged in Petroleum Operations hereunder shall be required to pay to the relevant authority a ten percent (10%) excise tax on any fuel imports, where such imports have been certified by the Chief Inspector to be used solely in carrying out Petroleum Operations in any area within the Contract Area, at a rate of ten percent (10%) or the prevailing rate, whichever is lesser. 38.2. 21.2 Subject to Article 2420, any of the items imported into Guyana may, if no longer required for Petroleum Operations hereunder, be freely exported at any time by the importing party, without the payment of any export duty or impost impost; provided, however, that on the sale or transfer by the importer of any such item to any person in Guyana (other than the Government) import duty shall be payable by the importer on the value thereof at the date of such sale or transfer as determined by the Guyana Revenue Authority Customs and Excise Department in accordance with their applicable rules. 38.3. 21.3 Each Expatriate Employee of the Contractor (including any Affiliated Company) and of Sub-ContractorsEmployee, who have been assigned to work in Guyana for the Contractor Operator or its Sub Sub-Contractors shall be permitted, subject to the limitations and conditions set out in the Customs Act, to import into Guyana free of import duty and taxes within six (6) months on first arrival their his personal and household effects including one (1) motor vehicle, provided, however, that no property so imported by the employee shall be sold by him in Guyana except in accordance with Government regulations and upon the payment of the prescribed customs duties. Any importation or replacement of motor vehicles by Expatriate Employees of the Contractor (including any Affiliated Company) and of Sub Contractors, shall be a matter for consultation with the Minister. 38.4. 21.4 Each Expatriate Employee of the Contractor (including any Affiliated Company) and of Sub-Contractors shall have the right to export from Guyana, free of all duties and taxes, and at any time, all of the items imported under Article 38.321.3.

Appears in 1 contract

Samples: Petroleum Agreement

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Import Duties. 38.1. 27.1 The Contractor Contractor, affiliated companies and the Subsub-Contractors contractors engaged in Petroleum Operations petroleum operations, subject to Article 21.1(a) hereunder, shall be permitted to import, free of duty, VAT duty or all or any other duties, taxes, levies taxes or imposts, all equipment and supplies required for Petroleum Operations including but not limited to drillshipsmachinery, platforms, vessels, geophysical tools, communications equipment, explosives, radioactive sources, vehicles, oilfield materials, supplies, lubricants, consumable items (other than foodstuffs or alcoholic beverages or fuel), as well as all items listed on Annex D. The aforementioned itemsand movable property, including but not limited to where imports in any of the items listed on Annex D, shall be deemed approved and said categories have been certified by the Chief Inspector designated as such under section 3 of the Act to be for use solely in carrying out Petroleum Operationspetroleum operations. The Contractor shall give prior notification to the Minister of Sub- Contractors sub-contractors engaged in Petroleum Operationspetroleum operations. (a) Subject to Article 38.121.1, and for as long as this petroleum Agreement remains in force the Contractor Contractor, affiliated companies and Sub- Contractors sub-contractors engaged in Petroleum Operations petroleum operations hereunder shall be required to pay to the relevant authority a ten percent (10%) excise consumption tax on any fuel imports, where such imports have been certified by the Chief Inspector designated as such under section 3 of the Act to be used solely in carrying out Petroleum Operations petroleum operations in any area within the Contract Areacontract area. 38.2. 21.2 Subject to Article 2420, any of the items imported into Guyana may, if no longer required for Petroleum Operations petroleum operations hereunder, be freely exported at any time by the importing party, without the payment of any export duty or impost impost; provided, however, that on the sale or transfer by the importer of any such item to any person in Guyana (other than the Government) import duty shall be payable by the importer on the value thereof at the date of such sale or transfer as determined by the Guyana Revenue Authority Customs and Excise Department in accordance with their applicable rules. 38.3. Each Expatriate Employee expatriate employee of the Contractor (including any Affiliated Companyaffiliated company) and of Subsub-Contractors, who have been assigned to work in Guyana for the Contractor or its Sub Contractors contractors shall be permitted, subject to the limitations and conditions set out in the Customs Act, to import into Guyana free of import duty and taxes within six (6) months on first arrival their his personal and household effects including one (1) motor vehicle, ; provided, however, that no property so imported by the employee shall be sold by him in Guyana except in accordance with Government regulations and upon the payment of the prescribed customs duties. Any importation or replacement of motor vehicles by Expatriate Employees of the Contractor (including any Affiliated Company) and of Sub Contractors, shall be a matter for consultation with the Minister. 38.4. Each Expatriate Employee of the Contractor (including any Affiliated Company) and of Sub-Contractors shall have the right to export from Guyana, free of all duties and taxes, and at any time, all of the items imported under Article 38.3.

Appears in 1 contract

Samples: Petroleum Prospecting Licence

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