Value Added Tax ( VAT)

Value Added Tax (VAT) [ Amendments to VAT Act No 14 of 2002]

Removal of exemptions

Import or supply of imported goods set out below will be liable for VAT:

Item Description Exempted HS Code

Plants & Flowers 06.01, 06.02.10, 06.02.20, 06.02.30, 06.02.40,06.02.90.90

Plastic Beads 39.26.90.70

Yarn /Fabrics 50.01, 50.02, 50.03, 50.04, 50.05, 50.06, 50.07, 51.11,51.12, 51.13, 52.01, 52.03, 52.05, 52.06, 52.08, 52.09,52.10, 52.11, 52.12, 53.09, 53.10, 54.02, 54.03, 54.07,54.08, 55.09, 55.10, 55.12, 55.13, 55.14, 55.15, 55.16,58.01, 58.02, 58.04.21, 58.04.29, 58.04.30, 58.06,58.09, 58.11, 60.01, 60.02, 60.03, 60.04, 60.05, 60.06,62.15

Wood & Articles 44.03, 44.07, 44.08, 44.09

Dyes 32.04.11, 32.04.12, 32.04.13, 32.04.14, 32.04,15,32.04.16,32.04.17

Glass Beads 70.18.10

Plant and Machinery/Industrial racks
84.07, 84.11.91, 84.13.40, 84.43.19.10, 84.43.32.30,84.43.32.40, 84.43.39.20, 84.43.99.30, 84.44, 84.45,
84.46, 84.47, 84.48, 84.51.40.10, 84.51.50,84.51.80.10, 84.51.90, 84.70.10, 84.79.89.10,84.79.89.20, 84.79.89.30 84.79.89.40

Electronic goods 85.16.40, 85.16.72, 85.27.21, 85.27.29, 85.27.91,85.27.92, 85.39.31.20, 85.43.70.30, 85.43.70.90,
85.43.90

Aeroplanes & Parts 88.02, 88.03.30, 88.05.21, 88.05.29 Spectacles 90.01, 90.02, 90.03, 90.04, 90.05

Cameras & Projectors 90.06, 90.07, 90.08, 90.10

Watches 91.01, 91.02, 91.05

Sale of condominium housing units

New Exemption
Solar tracker classified under HS Code 84.79.89.50

VAT Refunds

VAT refund
scheme for foreign passport holders will be implemented at the Airports and Sea Ports with effect from 01st May 2018.