Post by account_disabled on Mar 14, 2024 7:34:40 GMT
Goods and services are subject to zero percent value added tax Basic food commodities Special education services Private preventive and basic health care services Certain medications and medical equipment. oil and gas Local transportation International transportation New building construction services Valuable stones Gold silver and platinum investment Export of goods and services What goods and services are exempt from VAT Selling and renting commercial real estate. Selling and renting residential properties. Some financial services such as generating interest on loans and selling shares. What is the concept of excise tax An excise tax is an indirect consumer tax which is imposed on goods and products that have negative effects on public health or the environment at a different rate.
The primary purpose of imposing the excise tax is to preserve public health and the environment. Read more about Electronic payment in Bahrain What are the goods and products that are subject to excise tax Tobacco the tax rate is . Soft BTC Database ES drinks and the tax rate is . Energy drinks the tax rate is . What entities are required to register for excise tax Companies producing selective goods. Companies importing selective goods. Companies concerned with storing selective goods. What is the method of registering for VAT After completing the registration process on the National Bureau of Revenue website you will receive login details for your account. You must use these details to access the National Bureau of Revenue website. You will receive two independent emails the first containing your username confirmation and the second containing a temporary p***word.
You will be asked to change your temporary p***word once you enter the site after which you will be able to log in successfully. When you log into your account you will be asked to read and agree to the terms of registration with the National Bureau of Revenue after which you can begin filling out the required data in the following sections and uploading all required documents Eligibility criteria You will need to fill out a questionnaire used to recommend suitable options for VAT registration.
The primary purpose of imposing the excise tax is to preserve public health and the environment. Read more about Electronic payment in Bahrain What are the goods and products that are subject to excise tax Tobacco the tax rate is . Soft BTC Database ES drinks and the tax rate is . Energy drinks the tax rate is . What entities are required to register for excise tax Companies producing selective goods. Companies importing selective goods. Companies concerned with storing selective goods. What is the method of registering for VAT After completing the registration process on the National Bureau of Revenue website you will receive login details for your account. You must use these details to access the National Bureau of Revenue website. You will receive two independent emails the first containing your username confirmation and the second containing a temporary p***word.
You will be asked to change your temporary p***word once you enter the site after which you will be able to log in successfully. When you log into your account you will be asked to read and agree to the terms of registration with the National Bureau of Revenue after which you can begin filling out the required data in the following sections and uploading all required documents Eligibility criteria You will need to fill out a questionnaire used to recommend suitable options for VAT registration.