The Finance Bill 2020 has proposed to amend Section 17 (2) of the VAT Act, 2013, to include a provision that requires taxpayers to claim input tax in their VAT returns on condition that providers ...

The consumer pays VAT on the room rental, but the hotel can deduct the tax paid on the bed as input VAT, as the bed is part of the cost of providing the room rental. However, ViDA’s deemed ...

VAT is applied only to the profit generated from the sale of the goods, rather than the entire selling price. This ...

The Federal government plans to steadily raise the rate for Value Added Tax (VAT) to 15% from the current 7.5%.

As many as 20,000 to 40,000 pupils are set to drop out of private schools as a result of a 15 per cent effective VAT rate, ...

The Vietnam Digital Communications Association (VDCA) has raised concerns over a proposed 10% VAT on exported digital ...

To register for VAT in UAE, businesses must complete the required documents. The process for VAT registration and fee submission will be done online. The following documents are required for VAT ...