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Frequently Asked Questions on VAT

Last updated on 17 August, 2018


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When can I start the Ownership Transfer Process for a building I purchased?

The buyer has to complete the VAT payment before the Ownership Transfer Process starts. The seller will provide the buyer with an invoice which contains the VAT amount for the sale and the seller’s TRN. The buyer must provide this invoice while filing taxes, and then file to begin the Ownership Transfer Process.

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