Local NewsNews Businesses on notice by Barbados Today 24/09/2019 written by Barbados Today 24/09/2019 3 min read A+A- Reset Comptroller of Customs Owen Holder Share FacebookTwitterLinkedinWhatsappEmail 416 Companies which have been “robbing” Government of revenue have been put on notice that any loopholes through the Bridgetown Port will be closed. In fact, new Comptroller of Customs Owen Holder has pledged that there will be no more revenue losses from the facility under his watch. Sending a warning to those companies which have not been “operating above board”, resulting in Government losing substantial monies, Holder said he intended to transform the Bridgetown Port into a world-class facility, while also turning around its financial fortunes. The Comptroller said since taking up office it had been brought to his attention that some companies were “giving away concessions”. He however, gave ample warning that those days of Government being robbed of revenue were coming to an end. “Since I’ve come into office a file crossed my desk where a company was given concessions and felt within itself that it should give those concessions to another company because that company was getting concessions. That is non-compliant behaviour,” Holder said while delivering the feature address at the Barbados Chamber of Commerce and Industry’s (BCCI) business luncheon at the Lloyd Erskine Sandiford Centre today. You Might Be Interested In Crystal Beckles-Holder, 2nd runner up in regional competition GUYANA: Body of child found after gold mine collapses Barbadians asked to help with return tickets for Haitians “There is no company that is given a concession that has the authority to give that concession to another company so let me say this now, those of you who have been doing this, I would suggest that you come into us and let’s have a discussion to see how best we can solve the issue.” Holder said the creation of a Cargo Management Inventory Unit would greatly increase customs’ monitoring ability. He maintained that protecting Government’s revenue was of utmost importance. “We will be doing in-depth monitoring, monitoring at the level that you have not yet seen in customs. I have created a Cargo Management Inventory Unit and that unit is supposed to manage cargo from the time it enters the cargo ship to the time of consumption. It will be looking at temporary exports, expired goods, manufacturing, hotel incentives, charities and other incentives. “We are going to be monitoring those areas in a big way because we have seen in ASYCUDA ++ where there is a revenue loss to Government and we are going to ensure that we enforce all of our major roles, which is to protect Government’s revenue and that is important,” Holder pointed out. “So you stakeholders, manufacturers, hotel owners, charities, we are coming. I am not saying that you are doing anything illegal, but we are coming and when we come we expect that you would be above table, otherwise then we will have to have another discussion,” he cautioned. Holder told members of the BCCI that his plans to “reorganize the organiation” included changing the model that had been used to fashion customs since 1986. He contended that model “had outlived its purpose”. As part of efforts to improve customs’ efficiency, Holder said he had assigned his two deputy comptrollers Cheryl-Ann Cumberbatch and Sonia Jordan-Clarke who will deal with issues relating to trade and matters of compliance and enforcement respectively. Holder said he also planned to automate every section of the department. Additionally, he said ASYPM – ASYCUDA Performance Management System – would also be implemented, which would allow management to monitor the performance of all customs employees. Holder also said there would be the establishment of a customs tribunal which would deal with appeals and objections by stakeholders, as well as the formation of a Public Private Partnership Committee (PPPC) where stakeholders would be able to air their concerns. randybennett@barbadostoday.bb Barbados Today Stay informed and engaged with our digital news platform. The leading online multimedia news resource in Barbados for news you can trust. You may also like UWI students head to UK for surgical robotics research programme 15/05/2025 Dujon pledges people-centred representation in St James North 15/05/2025 Hundreds flock to register for $300 solidarity allowance 15/05/2025