See—Section 34B of the Trinidad and Tobago Electricity Commission Act (Ch. 54 :70) as amended by section 2—Zero-rating. SCHEDULE 3—Matters with respect to the supply of goods or of any services is zero-rated, the rate at which tax is regarded as Order publish from time to time a list of the missions, consulates,. Fresh, Chilled or Frozen Chicken Import Duty & VAT Note: Items that were previously zero rated will continue to be treated as zero rated for VAT purposes.

1 Feb 2016 Government of the Republic of Trinidad and Tobago. MINISTRY OF Goods/ services not listed on the zero-rated list will be subject to VAT. 1 Feb 2016 Any goods which are supplied to a destination within a free zone under the Trinidad and Tobago Free Zones Act. Act No. 19 of 1988 Finance Act,  Tags: zero-rated, zero rated, food items, agricultural supplies, VAT, VAT Act requires most businesses and many organizations in Trinidad and Tobago to:. Any commercial supply of goods and prescribed services within Trinidad and Tobago on Schedule 1 Exempt Services, or Schedule 2 Zero-rating of the VAT Act. What are the standard or other rates (i.e. reduced rate) for VAT/GST and other  See—Section 34B of the Trinidad and Tobago Electricity Commission Act (Ch. 54 :70) as amended by section 2—Zero-rating. SCHEDULE 3—Matters with respect to the supply of goods or of any services is zero-rated, the rate at which tax is regarded as Order publish from time to time a list of the missions, consulates,. Fresh, Chilled or Frozen Chicken Import Duty & VAT Note: Items that were previously zero rated will continue to be treated as zero rated for VAT purposes.

AMENDED SCHEDULE 2 - ZERO RATED ITEMS (EFFECTIVE FEBRUARY 1 2016) 24. International freight and ancillary services including port and harbour services, docking, berthing and mooring, conservancy, aircraft landing, parking and housing, apron services, airport navigationservices, transportation to the point where the goods are entered, demurrage or

Any commercial supply of goods and prescribed services within Trinidad and Tobago that are not listed on Schedule 1 Exempt Services, or Schedule 2 Zero-rating of the VAT Act. What are the standard or other rates (i.e. reduced rate) for VAT/GST and other indirect taxes? VAT standard rate: 12.5 percent (reduced from 15 percent effective 1 February 2016). VAT (zero-rated). Value-added tax (VAT) VAT is applicable to a wide range of goods and services. The standard rate applicable to commercial supplies is 12.5%. Basic food items and agricultural supplies are zero-rated, as are crude oil, natural gas, and exported goods and services. Hotel accommodation and yachting services to non-residents are zero-rated. Trinidad & Tobago VAT rate cut to 12.5%. Share: Trinidad and Tobago is to cut its standard VAT rate to 12.5%. In compensate for the loss of revenues and ensure a balanced budget by 2018, the Caribbean Island will introduce other VAT reforms. The Sales Tax Rate in Trinidad And Tobago stands at 12.50 percent. Sales Tax Rate in Trinidad And Tobago averaged 13.33 percent from 2014 until 2019, reaching an all time high of 15 percent in 2015 and a record low of 12.50 percent in 2016. This page provides - Trinidad And Tobago Sales Tax Rate | VAT - actual values, historical data, forecast, chart, statistics, economic calendar and news. VALUE ADDED TAX ACT CHAPTER 75:06 LAWS OF TRINIDAD AND TOBAGO Value added tax. 7. Rate of tax. 8. Zero-rating. PART 3 TAX ON IMPORTS 9. Calculation of tax. 10. Comptroller to collect tax. 11. When tax due and payable. 12. Value of imported goods. 13. (Repealed by Act No. 6 of 1991). 13A. Refund on overpayments of tax on imports. PART 4 TAX

Trinidad and Tobago's general VAT rate is 13%, with other rates including 0% that can apply to certain transactions. The Value-added tax (VAT) is administered by the Board of Inland Revenue in Port of Spain. Trinidad and Tobago is a member of the Caribbean Community (CARICOM) trading bloc, which may affect international VAT collection and regulations.

VALUE ADDED TAX ACT CHAPTER 75:06 LAWS OF TRINIDAD AND TOBAGO Value added tax. 7. Rate of tax. 8. Zero-rating. PART 3 TAX ON IMPORTS 9. Calculation of tax. 10. Comptroller to collect tax. 11. When tax due and payable. 12. Value of imported goods. 13. (Repealed by Act No. 6 of 1991). 13A. Refund on overpayments of tax on imports. PART 4 TAX Zero-rated and exempt supplies The following goods and services are zero-rated: Exports 19 basic food items Illuminating paraffin Goods which are subject to the fuel levy (petrol and diesel) International transport services Farming inputs Sales of going concerns, and Certain grants by government. VAT Zero Rated List . Tags: zero rated food items. Introduction. On November 15th 2012, over four thousand (4000) food items will become zero rated for Value Added Tax (VAT) purposes. This initiative is in keeping with Government’s thrust to ensure that consumers are able to access food at affordable prices.

UAE's Federal Tax Authority announces full VAT supplies list The Federal Tax Authority (FTA) has announced the supplies that will be subject to Value Added Tax (VAT) as of January 1, 2018, revealing selected sectors that will be assigned zero-rated tax, such as education, healthcare, oil and gas, transportation and real estate.

Fresh, Chilled or Frozen Chicken Import Duty & VAT Note: Items that were previously zero rated will continue to be treated as zero rated for VAT purposes. Detailed description of other taxes impacting corporate entities in Trinidad List of published territories VAT is applicable to a wide range of goods and services . Basic food items and agricultural supplies are zero-rated, as are crude oil,  In a recent VAT case heard by the European Court of Justice, the taxpayer, Marks & Spencer, The list of zero rated items includes the following items:. 19 Sep 2006 Barbados, Dominica, Jamaica and Trinidad and Tobago have VAT Weak administration and an expanding list of zero-rated items to include.

In a recent VAT case heard by the European Court of Justice, the taxpayer, Marks & Spencer, The list of zero rated items includes the following items:.

1 Feb 2016 Any goods which are supplied to a destination within a free zone under the Trinidad and Tobago Free Zones Act. Act No. 19 of 1988 Finance Act, 

1 Feb 2016 Government of the Republic of Trinidad and Tobago. MINISTRY OF Goods/ services not listed on the zero-rated list will be subject to VAT. 1 Feb 2016 Any goods which are supplied to a destination within a free zone under the Trinidad and Tobago Free Zones Act. Act No. 19 of 1988 Finance Act,  Tags: zero-rated, zero rated, food items, agricultural supplies, VAT, VAT Act requires most businesses and many organizations in Trinidad and Tobago to:. Any commercial supply of goods and prescribed services within Trinidad and Tobago on Schedule 1 Exempt Services, or Schedule 2 Zero-rating of the VAT Act. What are the standard or other rates (i.e. reduced rate) for VAT/GST and other  See—Section 34B of the Trinidad and Tobago Electricity Commission Act (Ch. 54 :70) as amended by section 2—Zero-rating. SCHEDULE 3—Matters with respect to the supply of goods or of any services is zero-rated, the rate at which tax is regarded as Order publish from time to time a list of the missions, consulates,.