Bahrain’s National Bureau for Revenue (NBR) has clarified the VAT treatment of various warranty transactions, based on the NBR’s view that the provision of repair services should not be viewed as a separate supply for VAT purposes if VAT has previously been paid on the warranty.
Source: keypoint.com
Latest Posts in "Bahrain"
- Flower Shop Owner Jailed Three Years for Evading Over BD41,000 in VAT Payments
- Bahrain NBR Updates VAT Real Estate Guide: New Clarifications on Lease Incentives and Fit-Out Contributions
- Bahrain Updates VAT Guide on Healthcare
- Bahrain Updates VAT Rules on Import Deposits and Recovery Procedures for Businesses
- Bahrain Updates VAT Deposit Recovery Rules for Imports and Exports in New NBR Guidance
