- Bhutan will implement a new GST regime with a 5% tax rate starting January 1, 2026.
- The Goods and Services Tax (Amendment) Act of Bhutan 2025 enables this implementation, amending the 2020 GST Act.
- The law includes provisions for non-compliance penalties, GST on B2C electronic services by non-residents, and reverse charge for B2B transactions.
- GST on imports will be collected at customs clearance; returns must be filed within 30 days after each fiscal period.
- Registration is required if turnover exceeds BTN5m (USD56,780) in 12 months, half that in 6 months, or is expected to meet the threshold in the next year.
Source: answerconnect.cch.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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