News of Bahrain
Bahrain10 April 20191 min read

VAT News: Value Added Tax with regard to discounted items

The National Bureau of Revenue stipulates that the discounted price of a taxable item must be inclusive of Value Added Tax. If the original price of a taxable item is 20 BD, following a 25% discount, the item will be 15 BD inclusive of Value Added Tax.

Editorial Team Legacy

Published 10 April 2019, 8:00 · Updated 21:40

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VAT News: Value Added Tax with regard to discounted items

The National Bureau of Revenue stipulates that the discounted price of a taxable item must be inclusive of Value Added Tax.

If the original price of a taxable item is 20 BD, following a 25% discount, the item will be 15 BD inclusive of Value Added Tax.

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