Finance Ministry issues list of 43 VAT-free items

January 3, 2024 at 3:32 PM

The Ministry of Finance has released a list of the items that will be exempted from Value Added Tax (VAT).

Issuing a statement, the Finance Ministry said 43 items will remain tax-free.

The Value Added Tax at a rate of 18% came into effect from January 01, 2024. 

Following is the list of items that will be exempted from VAT: