Tax exemptions for renewable energy equipment

Amendment 3 to the 2010 regulations of the Goods and Services Tax Act of 2001 (Regulation 163F) states that “Goods imported to be used in the process of conservation, generation or production of renewable or environment friendly energy sources, as endorsed by the Seychelles Energy Commission are exempt from Goods and Services Tax”. A similar exemption for renewable energy technologies is offered in the 2010 “Promotion of Environment Friendly Energy Regulations” under the Trades Tax Act.