The government is currently listing and verifying products and equipment eligible for tax exemptions.
The lawmakers have been informed in Dodoma on Tuesday that the aim of the exercise is to ensure that citizens are benefiting from the exemptions.
This was said by the Deputy Minister for Finance and Planning, Hamad Chande in the Parliament when he was reacting to Kibamba MP Issa Mtemvu who sought to know the government’s strategies in place to ensure that VAT exemptions serve intended purposes.
Source: dailynews.co.tz
Latest Posts in "Tanzania"
- Tanzania Finance Act 2025: VAT, Income Tax, and Excise Duty Amendments
- Navigating VAT Challenges: Insights from Jacks (Tanzania) Limited v. Tanzania Revenue Authority Case
- Strict VAT Compliance Deadlines: Lessons from Illovo Case on Input VAT Claims
- Tanzania Reduces Standard VAT Rate to 16% for B2C Purchases via Banks and E-Payments
- Tanzania Postpones Implementation of 16% VAT Rate for B2C Transactions Until Further Notice