NEW DELHI: The empowered committee of state finance ministers on VAT will adopt the harmonised system of commodity classification. <div class="section0"><div class ...

BOOTS has agreed to end its VAT scam in airport shops by giving refunds of the tax to on purchases over £5. Customers shopping in the chemist chain’s 29 airport shops will now be asked to show their ...

Poorest fifth of households spending more of their income on items that attract VAT than in 1986 The poorest fifth of households in the UK are spending more of their income on items that attract VAT ...

SOME CITIZENS were confused yesterday as to the new prices on items now subjected to the 12.5 per cent Value Added Tax (VAT). There was a rush by some to take advantage of specials being offered. And ...

Meats, toothpaste, local clothing, eggs and soap powder are among 40 more items that are to be VAT zero-rated, President Bharrat Jagdeo disclosed yesterday. An announcement of the additional ...

Sri Lanka’s retail and wholesale traders will be asked to pay 15 per cent Value Added Tax (VAT) only on the revenue from the sale of VATable goods in accordance with the proposed VAT amendment Draft ...