An increased VAT registration threshold from TZS 100 million to TZS 200 million; VAT exemptions on various goods/servicesVAT zero-rating for one year on textiles products manufactured using domestically produced cotton; andlocally manufactured fertilizer; andThe inclusion of domestically manufactured capital goods in the list of capital goods that qualify for VAT deferment.
Source: orbitax.com
Latest Posts in "Tanzania"
- Strict VAT Compliance Deadlines: Lessons from Illovo Case on Input VAT Claims
- Tanzania Reduces Standard VAT Rate to 16% for B2C Purchases via Banks and E-Payments
- Tanzania Postpones Implementation of 16% VAT Rate for B2C Transactions Until Further Notice
- Tanzania Introduces 16% VAT on B2C Online Payments via Approved Platforms
- Tanzania Lowers VAT to 16% for B2C Payments, Awaiting Implementation Details
