A VAT Rate Change Transitional Provisions Guide was published by Bahrain’s National Bureau for Revenue (NBR) following the published Law No. 33 for the year 2021. The guide covers changes made on the provisions of the VAT Law that was made by Decree-Law No. 48 of the year 2018. It also clarifies when to apply the new standard rate of VAT and the four transitional rules that encompass both one-off and continuous supplies.
Source: GVC
