The Value Added Tax Rates Code
On the 23 rd December 2021 the Council of Ministers decided on the change of the Value Added Tax Rates Code on ceratin goods and services which will be applicable between the dates 1 st January 2022 – 28 th February 2022.The changes include the application of (0%) VAT rate to certain goods stated below which were previously taxed at (5%) .
Also on the of the decision taken at the same date Table II (A) of the VAT Rates Code Section 15 was removed and replaced by the new section 15 as below :
15- All types of medical tools and equipment and medical products.