Farley And Partners

What are the Exempted Supplies

Exempt Supplies are goods and services that no VAT is charged on. This includes :

  • Basic foods such as rice, sugar, flour, cooking oil, onions, potatoes, etc
  • Educational Services
  • Prescription drugs
  • Medical, dental, Veterinary and optical Services
  • Agriculture and agriculture inputs and equipment
  • Unprocessed agriculture and aquacultural products
  • Life and health insurance
  • Financial service not rendered for a free or commission
  • Domestic transportation and ferry services, excluding transportation related to tourism.
  • Residential properties
  • Monthly domestic electricity consumption below 1000 kw/h and water below 250 cubic meters.
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