Last year, Sir, we introduced a two-year Excise Tax and VAT holiday from April
1, 2022, to March 31, 2024, for the electric and plug-in hybrids along with CNG
and solar-powered vehicles. I just told you about the difficulties with respect to the
global logistics. Accordingly, I now extend that two-year holiday for an additional
two years to March 31, 2026.
Source: gov.bb
Latest Posts in "Barbados"
- Barbados Introduces Law to Digitize Levy Collection Through Online Booking Platforms
- Extended Reduced VAT Rate for Household Electricity by Revenue Authority
- Barbados Extends Temporary VAT Rate Reduction on Electricity Supplies and Provides Other Relief
- Barbados Further Extends Temporary VAT Rate Reduction on Electricity Supplies and Provides Other VAT Relief
- Barbados Revenue Authority Updates VAT Rates and Exemptions for Electricity and Equipment