How is VAT applied on the import of services?
The Reverse Charge Mechanism is applied on the import of taxable services by a VAT-registered business. Here, the buyer of the services has to account for the input VAT paid on the supply.
Last updated on 06 April, 2018
The Reverse Charge Mechanism is applied on the import of taxable services by a VAT-registered business. Here, the buyer of the services has to account for the input VAT paid on the supply.
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