1/6/2019

MOICT is intensifying its VAT inspection efforts

The Ministry of Industry, Commerce and Tourism (MOICT) 'Companies Control' and 'Consumer Protection' directorates have intensified their VAT inspection efforts to ensure the correct application of VAT.

MOICT's inspection efforts includes closely monitoring the movement of goods and services to prevent businesses from charging VAT on goods and services that are not subject to VAT.

MOICT continues to increase consumers' awareness in regards to the VAT's procedural and legal framework, and continues to encourage consumers to report violations by calling 80008001.