@kenfreynjeru : Exempt: Definition: Goods or services are not subject to VAT at all; no tax is charged on the final sale. Input Tax Credit: Businesses cannot claim credits for VAT paid on inputs related to exempt goods/services. Impact:businesses bear the cost of input taxes increasing prices • TwiCopy

Kenfrey Njeru

@kenfreynjeru

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calendar_today23-08-2017 12:41:10

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Kenfrey Njeru

@kenfreynjeru

20 days ago

Exempt: Definition: Goods or services are not subject to VAT at all; no tax is charged on the final sale. Input Tax Credit: Businesses cannot claim credits for VAT paid on inputs related to exempt goods/services. Impact:businesses bear the cost of input taxes increasing prices

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