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Importers of Key Commodities Could be Exempted from Paying VAT on Shipping Costs

19/11/2020

Importers of key commodities could be excluded from paying value-added tax on shipping costs under legislative amendments to the VAT Tax act which received approval in cabinet’s weekly meeting yesterday. The amendments would remove VAT paid on freight costs for strategic goods including legumes, grains, table salt, and spices. (Enterprise).

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