- Government has enacted a new VAT code
- Aim is to ensure clarity and uniformity in provisions
- This will help in streamlining the tax system
- Expected to make it easier for businesses to comply with VAT regulations
Source: research.ibfd.org
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.
