High Court orders SOL Guyana to pay over $2.1B in excise taxes to GRA

High Court orders SOL Guyana to pay over $2.1B in excise taxes to GRA

– Justice finds company improperly withheld tax-exempt fuel intended for ExxonMobil Justice Nareshwar Harnanan The High Court has ordered petroleum importer SOL Guyana Incorporated to pay the Guyana Revenue Authority (GRA) over $2.1 billion in excise taxes, after ruling that the company wrongfully held back a large quantity of tax-exempt fuel that should have been delivered to ExxonMobil Guyana. The ruling was handed down on Friday by Justice Na…

High Court orders SOL Guyana to pay GY$2.1 billion taxes on fuel purportedly imported for ExxonMobil

Last Updated on Saturday, 10 May 2025, 11:45 by Writer The High Court on Friday ordered the local branch of SOL Group, a major distributor of Shell’s fuels, to pay GY$2,196,908,802 with interest on 54,878,817 litres of fuel that was purportedly imported for ExxonMobil Guyana’s operations but was not delivered. Justice Nareshwar Harnanan also said ...