VAT changes
- The Bill amends Section 3 in relation to a taxable supply of goods between Tanzania Zanzibar and Mainland Tanzania
- Section 6 is amended to empower the Commissioner General (CG) of the Tanzania Revenue Authority to grant an exemption from VAT, upon an application by an applicant in the prescribed form
- The Bill amends Section 6(5) to empower the CG to make regulations prescribing the manner of applying for, and granting and monitoring utilization of a grant of exemption from VAT
- ….
Source EY