Malawi Budget Statement for 2023/2024 Presented

VAT Measures

• Exemption of wheat flour from VAT
• Introduction of a standard rate of VAT on the following products; exercise books with hard covers; rye flour; other cereal flour; groats and meal of wheat, groats and meal of other cereals; rolled or flaked grains of oats or other cereals; other worked grains of oats or other cereal; cereal, germ, whole rolled flaked or ground; roasted malt; and malt roasted of barley, oats, rye, sorghum or mullets

Source Orbitax

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