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Frequently Asked Questions on VAT

Last updated on 09 October, 2018


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What is a standard-rated supply?

A supply that is neither exempt nor zero-rated is classified as a standard-rated supply. These goods and services are subjected to 5% tax. Examples of standard-rated supply include: food and beverages, private healthcare, private educational services, local transportation, rent and sale of commercial buildings, and sale of residential buildings. 

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