March 4, 2025, 3:11 am

Govt exempts VAT from several products until June 30

  • Update Time : Monday, March 3, 2025
  • 2 Time View
Photo: Collected


Staff Correspondent:



The government has waived Value-Added Tax (VAT) on several products at the production and trading levels until June 30, 2025.

The Internal Resources Division of the Finance Ministry issued a notification regarding this decision on Monday.

According to the notification, rapeseed oil, colza seed oil, and canola oil will be exempt from VAT at the production stage until June 30, 2025.

Mustard oil will also be exempt from VAT at the production stage, with no time limit.

Besides, several locally produced products will be exempt from VAT at the business level, including biscuits, salt, flour, semolina, chili powder, coriander, turmeric, ginger, rice bran oil, sunflower oil, rapeseed oil, colza seed oil, canola oil, and pulses or pulse-like food grains.

 

Please Share This Post in Your Social Media

More News Of This Category
© All rights reserved © 2023 The Daily Sky
Theme Developed BY ThemesBazar.Com