Ganesh Nair on 14 December 2020
Quite an eventful year this 2020 is proving to-be from VAT standpoint. Actions taken by GAZT in the past few months were commendable and applauded.
First, th..
Ganesh Nair on 13 October 2020
Applicability of VAT on Real Estate Transactions, in The Kingdom of Saudi Arabia Part 2.
In the previous article dated 25 March 2020, we discussed extensive..
Ganesh Nair on 25 March 2020
March is that month of the Calendar, where we all are occupied to its fullest, and the work is at its peak, however we shall remember March 2020 for all the wro..
Ganesh Nair on 06 February 2020
As we know, the Kingdom of Saudi Arabia introduced Value Added Tax (VAT) @ a Standard rate of 5%, on the importation and supply of goods and services with very ..
Ganesh Nair on 21 November 2019
GCC Countries have been given Right to exempt or levy VAT @0% (1) on certain Sectors viz:
Education;
Healthcare;
Real Estate; and
Local Transport.
..
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