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FISCAL INCENTIVES
FISCAL INCENTIVES
THE GOVERNMENT OF THE REPUBLIC OF TRINIDAD AND TOBAGO
Act No. 13 of 2010 cited as the Finance Act, 2010 was assented to on 13th December, 2010
Amendments were made to certain pieces of legislation to promote the use of CNG as an alternate fuel in Trinidad and Tobago
FISCAL INCENTIVES
Amendment to Motor Vehicle and Road Traffic Act, Chap 48:50
THE GOVERNMENT OF THE REPUBLIC OF TRINIDAD AND TOBAGO
MOTOR VEHICLE TAX WAS REMOVED ON : New private or commercial motor vehicles which were manufactured to use CNG Used private or commercial motor vehicles which were manufactured to use CNG
FISCAL INCENTIVES
THE GOVERNMENT OF THE REPUBLIC OF TRINIDAD AND TOBAGO
Of 25% of the cost of a CNG kit and cylinder installed by an individual, up to a limit of $10,000.00
Grant of a Plant, machinery and equipment, excluding wear and tear installation costs, for a conversion station allowance of The acquisition and installation, in a motor 130% of vehicle, of a CNG kit and cylinder expenditure incurred in:
FISCAL INCENTIVES
Amendment to the Value Added Tax Act, Chap. 75:06
THE GOVERNMENT OF THE REPUBLIC OF TRINIDAD AND TOBAGO
FISCAL INCENTIVES
Amendment to the Customs Act, Chap. 78:01
THE GOVERNMENT OF THE REPUBLIC OF TRINIDAD AND TOBAGO
THE LICENSING AND OPERATING PROCEDURES ENFORCEMENT MEASURES OPERATION OF CONVERSION CENTERS TYPES OF LICENSES
WHY?
INTRODUCTION OF STANDARDS
IN CONCLUSION
THE GOVERNMENT OF THE REPUBLIC OF TRINIDAD AND TOBAGO
THANK YOU