Over 5,800 barrels processed in “Dollar Barrel” extension

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POINTE XPRESS: Just over 5,800 barrels were processed during the last extension of the “Dollar Barrel” initiative from 2nd November, 2022 to 31st January, 2023.

This comes from Comptroller of Customs, Raju Boddu, who provided an update on the Christmas holiday programme which ended on 31st January this year.

In all, 5,809 barrels were processed over the three months of the programme.

The Customs, Insurance, Freight (CIF) value of the barrels amounted to $2.1 million. The Revenue Recovery Charge payable on that amount totalled $216,887.00.

Handling charges, meanwhile, totaled $5,809.64.

Boddu calculated the loss of revenue for the government over the three months at $856,706.18.                                                                                                                                                                        

The popular programme was designed to provide relief for families who have had to cope with the rising cost of food and commodities caused by global inflation.

The programme is extended annually so that people can import food and other necessities or receive gifts of the same from relatives and friends abroad, at a nominal cost as the government waives its revenue generated from taxes and other charges on specific items during this time.

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12 COMMENTS

    • But Pringle ah mek mo money dan yu. And he’s called The Honourable Jamale Pringle. Jealous, eh?

      Tek dat inna yu nennen!

    • I guess you never listened to Robin, however, I would prefer to take the risk with a Pringle than a prolific Liar /Kleptomaniac any day.

  2. The Government did not lose anything. That program has been in place for several years now. They should have made the necessary mathematical adjustments before the program began in November. Then at the end they make readjustments.

  3. Big up yourself UPP, another one of your social program that is benefiting the poor. Antiguans love Labour Pain, no sorry for them. #RED DEAD

  5. It MUST be made PERMANENT!

    The private clubs, churches, non-profits, organised Wholesale Companies, etc get the same under a different subtitle/column on the Spreadsheet.
    Do the same for the #Local_Column.

    Make it PERMANENT!

      • Mr. Bryan…

        The UPP had better recognize and realize, the following, and adjust accordingly…

        A…PM Browne has being weakened by his party, and by the indigenous Antiguans, Barbudans and REDONDANS, as in a “vote of no confidence.” They must act on this expeditiously.

        B…the $10, $20…$50 barrels FREE of other taxes and duties being made permanent for the entiire year is good, but, with things like (C), will do much more, to not only boost the economy, will help to create bases for #Generational_Wealth.

        C…offer three(3) to five(5) tax breaks, ALL TAXES, except Medical Benefits and Social Security. Apply these incentives, to businesses whose owners are indigenous Antiguans, Barbudans, and REDONDANS who either worked in such industries(categorized) like the sugar/cotton , teaching, Public Works, or any of the old Public Institutions from a certain time period[(details)proof].
        Let the indigenous breathe.

        “The Will” is back!
        Let’s make “The Way…”

        🎶🎼🎼
        Oh Island in the sun🌞
        Willed to me, by my fathers and mother’s hands👏🏿👏🏿👊🏿👊🏿👊🏿✋🏿✋🏿✋🏿
        All my days, I’ll sing her praise

        UPP must raise the Bar
        Raise it! Raise it! Raise it!

        Ras Smood aka Jumbee_Picknee
        De ‘ole Dutty Peg_Foot Bastard

        Vere C. Edwards

  7. Come on Badu. This is another UPP incentive that ALL benefit from, even the Labourites. So you bragged last year of exploiting poor people for 11 million dollars in excess duties, now this paltry sum is something to make the news? We need lasting relief from the ever rising cost of living. As suggested, lower the damn import duties on food items so people can buy more and feed themselves and their families. Poverty equates to increase crime, and the statistics is there to support this. Come up with something original.

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