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Zero-Rating Stays where it is, Current Rate of 9% VAT will Increase – Prof. Prasad

Deputy Prime Minister and Minister for Finance Professor Biman Prasad has confirmed that the government will leave the zero-rating where it is and the current rate of 9 percent VAT will increase.

While speaking during the Fiji Institute of Chartered Accountants Congress, Professor Prasad says the cabinet has now largely agreed to the required revenue measures to be implemented in the 2023-24 Budget.

Source: www.fijivillage.com

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