Are VAT-exempted goods and services also exempt from customs duty?
Not necessarily. VAT and customs duty are two separate and independent levies. Even if customs duty is exempted on certain goods, imports can be subjected to VAT.
Last updated on 06 April, 2018
Not necessarily. VAT and customs duty are two separate and independent levies. Even if customs duty is exempted on certain goods, imports can be subjected to VAT.