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Tanzania Budget Speech for 2023/24 Delivered Including Several VAT Changes

An increased VAT registration threshold from TZS 100 million to TZS 200 million; VAT exemptions on various goods/servicesVAT zero-rating for one year on textiles products manufactured using domestically produced cotton; andlocally manufactured fertilizer; andThe inclusion of domestically manufactured capital goods in the list of capital goods that qualify for VAT deferment.

Source: orbitax.com

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