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New GCT law a crisis for JUTC

There&;s concern that a change to the Government&;s tax collection system could push the cash strapped Jamaica Urban Transit Company, JUTC, deeper in the red. Effective yesterday, public entities started paying General Consumption Tax, GCT, on imported goods. According to Reverend Roper, the new tax arrangement will trigger a cash flow crisis. Reverend Roper says it&;s unclear how the GCT arrangement for public entities will work.