P.S. Explains 6% Service Charge Suspension On Imported Price Controlled Goods

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The Permanent Secretary in the Ministry of Commerce, Manufacturing, Business Development, Cooperatives, and Consumer Affairs has been explaining the 6% service charge suspension on imported price-controlled goods will work.

Sophia M. Alfay-Henry, in a statement Friday, said the short-term would apply to goods imported from June 01 to August 31, 2022.

Alfay-Henry observed that goods already imported and either in Warehouses or on retailers’ shelves have been priced using the 6% service charge.

And she disclosed that these prices would remain until goods were exhausted.

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The Ministry official’s complete statement appears below:

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Editorial Staff
Editorial Staff
Our Editorial Staff at St. Lucia Times is a team publishing news and other articles to over 200,000 regular monthly readers in Saint Lucia and in over 150 other countries worldwide.

8 COMMENTS

  1. 6% was too high. Why not 3%?. Government keeps on milking us plus it is collect value added tax.
    Also, why are the fuel companies not exhausting their old fuel they have instead of increasing the prices on old stock fuel. The moment fuel prices increase they change the price on cylinders, diesel and all right away. That is robbery.

    • The day they try to join a union is the day that they will be fired Massy staff are underpaid most of them earn 3 dollars an hour as the government refuse to enact a livable wage

  2. So how does that apply to fuel? Are you saying the fuels supplies purchased at $70 a barrel were exhausted the moment prices went to $120?

  3. Will Massy comply? Massy’s goods are the most expensive in St. Lucia.
    Compare the price of grapes at Massy and any other place in St. Lucia. Shame on you Dorville. By the way which union represents the employees at Massy?

  4. ON A POINT OF CORRECTION, I DO NOT THINK THE 6% WILL APPLY ON GOODS WAREHOUSED. DUTIES ARE NOT YET APPLICABLE ON WAREHOUSED GOODS.

    • Madam P.S it was remiss of you not to further expound on this issue. Also when disseminating you need to ensure the veracity, especially when easily verifiable. You have failed to inform of the full list of products that are price controlled and broadly categorized some items such as oil whereas only 1 size which is 500ML (small bottles) falls into the category. Similarly body soap of 115g or below are price controlled. Also not all milk falls into the category as UHT milk or milk substitutes such as Almond/ Soy/ Oats are not included. Additionally you have failed to disclose the 5% distributor mark-up where applicable ( which in most cases are ) then totalled to arrive at the price before wholesale mark-up of 7.5% and retail mark-up of 10%. From the prescribed price calculation form that importers must submit, eg. a 170G of Evap milk inclusive of Service charge retails at $1.31. Removal of the service charge renders a new retail price of Evap 170G of $1.24 a savings of $0.07. It must be noted that this item attracts. Whilst you have used milk as your example as it is the most moderately controlled items such as 500ml oil computes differently W/S markup is 15% and retail is 20% plus VAT. Wouldn’t it be more prudent to consider lifting the higher % temporarily which is VAT to bring true form of repose to the people. We need to be forth-coming with information to ensure there is always clarity and not ambiguity.

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