Suppliers often make goods available to their customers where the customer may use/consume such goods without prior approval of the supplier. An example is when an electronics company places a stock of spare parts with a third-party contractor and the contractor uses these parts as and when required. On a regular basis, the contractor provides to the supplier a list of spare parts used by the contractor to track usage/consumption.
Source: KPMG
Latest Posts in "Bahrain"
- MP Proposes VAT-Free Zone Near Khalifa Port to Boost Re-Export and Ease SME Cash Flow
- Bahrain Parliament to Debate VAT Exemption for Social and Youth Associations
- Two Indian Expats Face Trial for BD300,000 VAT Refund Fraud on Luxury Watches in Bahrain
- Bahrain Revises VAT Registration and Transportation Guides
- Bahrain Releases Updated VAT Registration Guide by National Bureau for Revenue














