VAT System in Bahrain - Sash Software

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VAT System in Bahrain
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VAT System in Bahrain
The Bahrain National Bureau for Revenue has
issued the regular VAT return following the
introduction of the 5 consumption tax at the
start of 2019.
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• Key details include
• Standard rated sales.
• Sales to enrolled taxpayers in other GCC states.
• Sales subjected to the domestic reverse charge.
• Zero-rated domestic sales.
• Exports.
• Exempt sales.
• Total Sales.
• Standard rated domestic purchases.
• Imports subject to VAT (deferred or
  settled)Imports subject to VAT under the reverse
  charge mechanism.
• Purchases subject to the domestic reverse charge
  mechanism.
• Purchases from non-registered suppliers,
  zero-rated/exempt purchases.
• Total Purchases.
• Total VAT due.
• Improvements from the previous period.
• VAT credit carried forward from the previous
  period.
• Net VAT due (or reclaimed).

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• However, Health sector, Education and
  Transportation will be exempted from VAT.
• For more details visit _at_
• http//www.sashsoftware.com/get-vat-ready.html

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Gain more knowledge about vat system in Bahrain,
with our guidance.
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Address Manama Bahrain Contact 973-77144569
/ 33541792 Info_at_sashsoftware.com
http//www.sashsoftware.com/