VAT reform heralds era of higher flour, power prices - Economy - Wazua

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VAT reform heralds era of higher flour, power prices

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beiyangu		#1 Posted : Wednesday, November 02, 2011 3:31:50 PM
Rank: New-farer Joined: 7/11/2011 Posts: 50		Prices of foodstuffs, electricity and books will go up once the VAT Bill 2011 is passed into law. The Bill proposes to charge raw materials, previously spared consumption taxes, the standard rate of 16 per cent VAT, automatically pushing up the prices of essential commodities. Read more
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