- The National Bureau for Revenue (NBR) conducted 174 inspections in Bahrain during October.
- 37 violations were filed, resulting in the imposition of administrative fines.
- Some outlets were closed due to VAT and excise evasion.
- The NBR warned of legal measures and criminal action against violating businesses.
- The Digital Stamps Scheme was implemented on cigarettes to track excise goods and protect consumers.
- Inspection campaigns continue to ensure businesses comply with VAT regulations.
- All companies with an annual turnover exceeding BD37,500 should be registered for VAT.
- There are over 23,210 registered VAT payers and 1,045 stores registered for tourists’ refunds.
- The NBR call center is available for inquiries and reporting violations.
- The Labour Market Regulatory Authority (LMRA) conducted 883 inspections, resulting in the detention and deportation of violators.
Source: zawya.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
