- Bhutan expanded GST exemptions to 32 essential goods under the 2026 GST Amendment Act.
- Nineteen new items were added, including cooking oils, several types of rice, sanitary napkins, salt, and automatic wheelchairs.
- GST-registered businesses must stop charging the 5% GST on these exempt products.
- The change applies retroactively from May 18, and businesses can claim Input Tax Credit on eligible imports from that date.
- The goal is to lower household costs and improve access to basic necessities.
Source: facebook.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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