‘SS’ series begins as vehicles’ registration reach record levels

November 28, 2013, By KNews, Filed Under News, Source

Vehicle registrations have continued to break records with the recent 12 months being among the best one for auto dealers.

According to the Guyana Revenue Authority (GRA), in less than one year, more than 10,000 cars and sports utility vehicles were registered. Last week the ‘RR’ series came to an end.

The past 12 months has been a record-breaking one for vehicle registration, GRA has said.

A booming gold industry and easier auto loans have all been contributing to the more homes owning a vehicle…or two.

GRA yesterday confirmed that it commenced the ‘SS’ series after the ‘RR’ series came to an end on Friday. By Monday 50 cars had been registered with the government taking possession of the first 20.

“This is historic, as it is the shortest time period for the completion of a series in the ‘P’ (private) category,” the state’s tax collection agency disclosed.

Prior to the ‘RR’ Series, the ‘PP’ Series officially commenced on December 7, 2011 and ended on the same date in 2012.

The ‘P’ series includes sedans and enclosed sports utility vehicles (SUVs).
The GRA statement did not speak of what was happening to the pickups and motorcycles.

But over the last few years, dealers have been reporting significant increases in sales with scores of females now riding also.

GRA also did not talk about the number of sedans that were also purchased for use in the taxi services.

Over the past year, Government introduced tax relief measures, as part of the taxi regularization process, to entice operators to paint their vehicles in yellow, the standard service colour.

There has been a significant rise in the number of these being registered, Kaieteur News has been told.

In addition to the many dealers who have been importing from mainly Japan, many Guyanese have themselves been going online and buying their own vehicles.

The increase of vehicles in the country has taken a toll on the roadways with Government now battling to build new ones and deal with the fallouts.

Traffic jams have become a norm on especially the East Bank, West Bank and East Coast of Demerara during peak morning and afternoon periods.

Currently, construction is ongoing to extend the four-lane highway from Providence to Diamond, on the East Bank of Demerara– said to be the busiest roadway in the country. Similar works are underway on the East Coast of Demerara.

The authority urged for owners to be on time to renew Motor Vehicle Licence (MVL) or register their vehicles. MVLs are valid until the registration anniversary.

“Hence such licence must be renewed every year on or before the anniversary of the vehicle’s registration. Newly registered vehicles or vehicles that underwent changes, for example… change of colour, must be physically examined by the Licence Revenue Department of the GRA.”

All registration and change of motor vehicle registration are being done at GRA headquarters on Camp Street while vehicles are examined at the former Smyth Street office.