CHAPTER 75:01 - Inland Revenue Division

Miscellaneous Taxes Act
PART X
154
ROAD IMPROVEMENT TAX
42. In this Part, “Minister” means the Minister to whom responsibility for
finance is assigned except where the contrary is indicated.
Interpretation
43. (1) A tax to be called a road improvement tax shall - Road improvement tax
(a) be charged on the retail price of motor vehicle fuels,
excluding value added tax, at the following rates:
(i) Auto diesel (other than National Fisheries) 5 cents per litre.
(ii) Premium gasoline 10 cents per litre
(iii) Regular gasoline 9 cents per litre; and
(c) be collected by the Trinidad and Tobago National Petroleum
Company Limited (hereafter called “the collector”).
(2) The Tax Authority shall be the Board of Inland Revenue which, in respect
of the collection and recovery of the collection and recovery of the tax, shall have all
the powers as it has in relation to income tax under the Income Tax Act.
(3) The collector is accountable to the Tax Authority for the tax and shall pay
the tax to the Comptroller of Accounts on or before the last day of the month following
that in which the tax was paid by the purchaser.
BIR Mac Edition 91/01 Page 293