- 5% VAT was supposed to be applied on certain products as of November 1, 2023
- Products included water, electricity, cooking gas, and domestic goods transportation
- VAT rates on water, electricity, and cooking gas were not changed until July 1, 2024
- VAT on fuel was increased from 5% to 10% on the same date
Source: hbnlawtax.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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