The High Court has ruled in favour of members of the Mohamed family, setting aside tax assessments totalling nearly $800 million imposed by the Guyana Revenue Authority (GRA) on two luxury vehicles and permanently restraining the tax agency from seizing the vehicles or enforcing the disputed assessments.

In separate judgments delivered on Thursday, Justice Gino Persaud upheld judicial review applications brought by Hana Mohamed and Bibi Mohamed, finding that key decisions made by the GRA were unlawful, unreasonable and beyond the powers conferred under the Customs Act.

The proceedings arose after the GRA revoked tax exemptions previously granted for a 2023 Rolls-Royce Cullinan and a used 2020 Ferrari 488 and subsequently assessed additional taxes of $320,064,242 and $479,743,489, respectively.