Media Release - Zero-rated items further explained

Tags: zero-rated, zero rated, food items, agricultural supplies, VAT, VAT Act

The Ministry of Finance issued a press release related to the amendments made to Schedule 2 of the Value Added Tax Act Chap. 75:06, which specifies the items which are zero-rated for VAT. The final list of zero-rated items came into effect on February 1st, 2016 by the Value Added Tax (Amendment to Schedule 2) Order 2016.

Media Release 2015-02-05 Zero-rated items further explained