1. Price Hikes Could Land You In Hot Water
2. Your Business Can Get VAT Exemptions
3. VAT On Hospitality And Entertainment Is Non-Recoverable
4. Second-Hand Goods Subject To VAT Can Be Subject To Profit Margin Scheme
5. Maintain Accounts And Records For At Least 5 Years
6. VAT To Remain The Same
7. Tourists Can Now Get VAT Refund
8. You Can Seek VAT Consultancy
Source: IR Global