Court Stops GRA from Seizing Luxury Cars | Guyana News

The Guyana Revenue Authority got a major legal smackdown after the High Court ruled they overstepped by trying to tax and seize a Rolls-Royce and a Ferrari belonging to the Mohameds. The court declared the GRA’s actions unlawful, nullifying over $320 million in tax demands for the Rolls-Royce and nearly $500 million for the Ferrari — plus revoking the tax exemptions. The judge slammed the GRA’s unreasonable conditions, like requiring the car to be primary transport and mandatory reporting, calling them legally invalid. While a minor issue around Bibi’s temporary absences is being sent back for review, the Ferrari remains off-limits to seizure. The GRA also faces legal costs — a clear message that they must play by the rules. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/b4f00c1f43c238fe