Tools

Refunds on VAT start in early February

Ministry:

Following the release last month of the Supplemental List of Zero-rated items, the Ministry of Trade has said that the removal of VAT on all items on this Supplemental List came into effect on the same day as the previous Legal Notice dated November 15, 2012.

To the extent that VAT refunds are applicable for the period November 15 to December 24, 2012, only registered businesses can apply for such refunds, the ministry said in a statement.

All VAT refunds for the period of November 15 to December 31, 2012 will commence in early February 2013.

This announcement follows a meeting between the Minister of Trade, Industry and Investment and members of the Board of the Trinidad and Tobago Manufacturers Association (TTMA) on January 11.

Let us know your thoughts
This content requires the latest Adobe Flash Player and a browser with JavaScript enabled. Click here for a free download of the latest Adobe Flash Player.

Express Poll

Do you think Trinidad and Tobago is overreacting to the Ebola threat?

  • Yes
  • No

Weather

More Weather