Grenada’s Inland Revenue Division (IRD) has issued an official clarification regarding the implementation timeline for updated motor vehicle licensing fees. The revised fee structure, established under the Road Traffic (Amendment of First Schedule) Regulations, 2024 (SRO No. 6 of 2024), became legally effective on July 1, 2024, following its publication in the official gazette.
The regulatory amendment introduced a standardized increase of EC$50 across all applicable vehicle categories for annual license renewals. However, the IRD has acknowledged an administrative oversight that occurred in 2024, wherein the updated fees were incorrectly applied to vehicle owners before the official July 1 implementation date.
This procedural error was subsequently rectified in 2025 through corrective adjustments that exempted vehicle owners from the EC$50 increase for that licensing period. The division has now confirmed that the legally mandated fee structure will be fully implemented for the 2026 licensing cycle, ensuring all vehicle owners are charged in accordance with the established regulations.
In an official statement, the IRD expressed regret for any confusion caused by the implementation timeline issues and reaffirmed its commitment to transparent administration of all taxes, fees, and licensing procedures. The Ministry of Finance has directed concerned citizens to contact the division directly at 440-3556 for additional clarification or questions regarding vehicle licensing fees.