- Government reduced VAT on import of soybean and palm oil from 15% to 10%
- National Board of Revenue issued notifications for the reduction in VAT
- VAT exemption at production and trading of edible oil
- Reduced VAT effective until 15 December
- Regulatory duty on refined and raw sugar imports reduced from 30% to 15% on 9 October
Source: en.prothomalo.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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