- The National Board of Revenue (NBR) will not honour top VAT-paying institutions for the second consecutive year.
- The traditional recognition program, started in 2005, has been suspended since last year following a change in government.
- The decision was made due to political and economic considerations and was unanimously agreed upon by the central steering committee.
- Instead of awards, the NBR will focus on extensive publicity and awareness activities during VAT Day and VAT Week (10-15 December).
- Service centres and booths will be set up to encourage new VAT registrations and provide on-the-spot solutions for VAT-related issues.
Source: daily-sun.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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