VAT increase upto 15% from today (1). Taxes on telephone charges, health services, milk powder, electrical appliances
Value Added Tax (VAT) and Nation Building Tax amendments would be enforced from today (01) onwards. VAT would be going up from 11% upto 15%.
Cigarettes, liquor, telephone services, electrical appliances, perfumery, jewellery, milk powder, medical fees of health services, specialist consultation medical fees (inclusive of channelling services) and hospital room charges would be brought under the VAT scheme. Whatever it is, electricity bills would not be affected because of amendments to the Nation Building
Tax. In the meantime a list of items not relevant to the VAT too has been listed. They are as follows:ITEMS NOT CATEGORIZED UNDER THE VAT
- Wheat
- Braille typewriters
- Wheat flour
- Braille paper
- Rice
- Spectacle frames
- Sugar
- Raw material for spectacle products
- Dhal
- Out patients' services
- Dry fish
- Dialysers
- Canned fish
- Diagnosis instruments
- Maldive fish
- Surgical operations services
- Spices
- Diesel
- Bread
- Transport services
- Liqudized milk
- Kerosene oil
- Tea
- Petrol
- Rubber
- Aviation fuel
- Coconuts
- Bowsers
- Coconut oil
- Agricultural seeds
- Coconut milk
- Agricultural plants
- Eggs
- Agricultural machinery
- Prawns
- Tractors
- Fruits
- Rice-milling machines
- Vegetables
- Bakery products machines
- Potatoes
- Milk producing machines
- Sprats
- Fishing equipment
- Red onions
- Green Houses
- Bombay onions
- Building accessories
- Garlic
- Electricity
- Green gram
- Solar power equipment
- Chillies
- Energy saving bulbs
- Cowpea
- Raw material for energy saving electric bulbs
- Gram
- Educational services
- Maize
- Library services
- Coriander
- Computers and accessories
- ground nuts
- Computer software
- Pharmaceutical drugs
- Printed books
- Pharmaceutical drugs machinery
- Sports equipment
- Pharmaceutical drugs accessories
- Packing of pharmaceutical drugs
- Ayurvedic preparations
- Life insurance
- Wheelchairs
- Mobile phones
- Crutches
- Gems, pearls, diamonds
- Hearing aids
- Gold, platinum
- White canes
- Sales of house and property