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Tanzania’s Parliament passes Finance Bill, 2021

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

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