VAT’s UP
Latest News Updates
VAT’s UP
Bahrain: NBR Conducts more than 490 Inspection Visits in Early 2023.
Manama April 05, 2023:
As part of its continuous monitoring efforts to protect the rights of consumers and enhance the level of compliance of commercial establishments; The National Bureau of Revenue carried out 495 inspection visits to local markets in various governorates of the Kingdom of Bahrain during the months of January and February of 2023.
These campaigns were carried out of the Agency’s constant keenness to enhance oversight of local markets in order to verify the compliance of commercial establishments with respect to the proper application of value-added taxes, and also the application of the digital stamp system on cigarette products.
The campaigns were also directed to ensure the awareness of stores on the mechanism of applying the digital stamp system and the mandatory presence of these stamps on all cigarette products traded in the local markets.