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Finance Minister proposes to defer GST implementation

According to the minister, it is not right to introduce the GST at this time since it would have a negative impact on commercial organizations and the general population

The National Assembly proposed deferring the Bhutan Goods and Services Tax (GST) Amendment Bill 2022 on June 8. The GST was supposed to go into effect on July 1, 2022.

Finance Minister Namgay Tshering, who is in charge of the Bill, stated that the revision is being proposed to postpone Bill’s implementation date from July 1, 2022, to July 1, 2024.

Source Businessbhutan

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