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Cess To Be Imposed On Imported Refined Sugar

By: , April 23, 2015

The Key Point:

The Government will be imposing a cess on imported refined sugar, Minister of Agriculture, Labour and Social Security, Hon. Derrick Kellier, has informed.
Cess To Be Imposed On Imported Refined Sugar
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The Facts

  • The impending cess forms part of the Administration’s undertaking to restructure the regime governing the importation of refined sugar.
  • The proceeds are earmarked to fund the sector’s transformation.

The Full Story

The Government will be imposing a cess on imported refined sugar, Minister of Agriculture, Labour and Social Security, Hon. Derrick Kellier, has informed.

The impending cess forms part of the Administration’s undertaking to restructure the regime governing the importation of refined sugar, with the proceeds earmarked to fund the sector’s transformation.

“We will not allow imported refined sugar, meant for the manufacturing sector, to continue to be leaked to the retail trade, and undermine our raw sugar production and rob the Government of much-needed revenue,” Mr. Kellier said, while making his 2015/16 Sectoral Debate presentation in the House of Representatives, on Tuesday, April 21, under the theme: ‘Making Jamaica’s Agriculture Sustainable’.

The Minister said imposition of the cess is also intended to level the playing field within the sector, noting that all other sugar consumed in Jamaica is subject to a similar tax.

He said the decision to impose the cess on imports was agreed on following Ministry consultations with industry stakeholders.

Last Updated: April 23, 2015

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