The National Bureau for Taxation (NBT) yesterday announced that a tax exemption logo (VAT FREE) will be distributed across various establishments in order to place the logo on goods and services that are not subject to VAT.
This new measure builds on the government’s efforts to strengthen consumer protection and transparency, ensuring the correct implementation of VAT. NBT stressed that the logo should be clear and visible to consumers.
The NBT continues to encourage consumers to report violations by calling 80008001 or by emailing firstname.lastname@example.org
Source Credit: BNA