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.
