BASSETERRE, St. Kitts, December 20th, 2011 (CUOPM) – Eighty businesses in the Federation of St. Kitts and Nevis had registered by Monday to participate in the 7% VAT Day on Thursday 22nd December.
Sixty of the businesses are on St. Kitts and 20 are on Nevis and have been issued with approval letters for participation.
The VAT offices in Charlestown and Basseterre were open Tuesday accepting and processing requests.
The Inland Revenue Department advises that on their receipts most consumers should see (a) Businesses with a Point of Sales System – a 7% VAT Rate; (b) Businesses with Cash Registers – Due to programming constraints a discount in excess of 8.547% will be applied to the price of the good to achieve the 7% VAT Rate.
“Remember when you pick-up an item on the shelf, the price of the good would still contain the old 17%. However, when you are at the cashier, the amount you would be paying should be less than the display price. Customers are also encouraged to collect their receipts when making purchases to ensure that the correct amount is charged,” the Inland Revenue Department said.
It added that officers from Inland Revenue Department are scheduled to visit registered businesses during December 22, 2011 to ensure that approved businesses are applying the 7% Special Rate.
Business Registered as at December 19, 2011 for the 7% VAT Discount
1. St. Kitts Bottling Company
2. Carib Breweries
3. Best Buy Supermarket
4. B’s Enterprises
5. DSS Trading Ltd - Best for Less
6. Fouad Abourizk
7. O.D. Brisbane & Sons Ltd
8. Island Hopper
9. Carrabelle Batik
10. West Side Service Center
11. Ocean Cold Storage
12. S L Horsford & Company Ltd
13. Daily Food
14. Rams Trading Ltd
15. Rams (Nevis) Ltd
16. S L Horsford Nevis Ltd
17. TDC
18. TDC Rentals Ltd
19. City Drug Store (2005) Ltd
20. TDC Rentals (Nevis) Ltd
21. City Drug Store (Nevis) Ltd
22. TDC Nevis Ltd
23. Harper's Office Depot
24. F & H Frisco Ltd
25. Island Bakery
26. Victory Packaging Ltd
27. SAC Limited
28. C & C Trading Ltd
29. C & C Super Foods Ltd
30. C & C Super Foods (2005) Ltd
31. C & C Auto Services
32. Sun Pharmacy
33. Sun Island Clothes Ltd
34. Indo Carob Shop
35. Federal Air Condition
36. Peter KN Inc
37. Techsperts Ltd
38. Delisle Walwyn & Company Ltd
39. Mac Pennies Ltd
40. David Coury & Company Ltd
41. Lucky Department Store
42. Sensational
43. Builders Paradise (St. Kitts ) Ltd
44. Big Sale
45. Island Auto Supplies
46. Scott Caines - Economy Car Rentals
47. Island Purified Water Ltd
48. Dollar Strecther Supermarket
49. Karron's Realty & Copy Center
50. The Body Haven
51. Emmanuel Juicy Beef Ltd
52. Daniel Trading Ltd
53. Joseph Wyatt - Quick Bargain
54. I Rep SKN
55. First Class Jewelry
56. Lime
57. Old Road Mini Mart
58. Bass Bakery & Bargains Superette
59. Karibhana Trading Limited
60. E & K Supermarket Ltd
61. S. Hunkins And Sons Ltd
62. Pennyless Auto Parts
63. Swanton's Superette
64. Don Fang Supermarket
65. R& L Fresh Produce
66. Price busters
67. Percy's Jewelry Company Ltd
68. A-1 Office Technology
69. Simon's Contempo
70. Island Tyres & Hardware
71. K.G.S Health and Beauty Supplies
72. Bargain House Retail Outlet
73. Super Foods Supermarket
74. Main Street Supermarket
75. A.L Eve
76. Maaruiti Enterprises LTD
77. Striker's Car Rental Services
78. TDC Group of Companies in Nevis
79. Horsfords - Nevis
80. Courts – St. Kitts & Nevis Ltd
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