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Frequently Asked Questions on VAT

Last updated on 06 April, 2018


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Can I deduct input tax paid on my capital assets?

Yes, you can deduct input tax that you paid on your capital assets if you bought them after VAT registration and meet these two conditions:

  • You paid the full amount upfront.
  • You use the capital assets to produce supplies which are either standard rated (5%) or zero-rated(0%).
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