- Director General of Taxes now requires prior approval for VAT exemption for NGOs
- NGOs must submit a request for approval before making any VAT-exempt purchases
- This new requirement aims to prevent misuse of VAT exemptions by NGOs
- NGOs will need to provide documentation to support their request for VAT exemption
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.
