Zain Saudi Telecommunications Company cares to keep you informed of the implementation of Value Added Tax (VAT) regulations on its telecommunications services starting from 1 January 2018 (Rabi Al-Thani 14, 1439H).
Value Added Tax
Value Added Tax (or VAT) is an indirect tax imposed on some goods and services. VAT is applied in more than 160 countries around the world as a reliable source of revenue for state budgets.
Introduction
VAT is imposed at each stage of the supply chain from the production and distribution to the final sale of the good or service. Saudi Arabia is committed to imposing VAT by Royal Decree No. (M/113) dated 2/11 /1438H and its executive regulations, with effect from 1 January 2018 (Rabi Al-Thani 14, 1439H). VAT will be introduced at a standard rate of 5%
We encourage our dear customers to access VAT law and implementing regulations through the following link: www.vat.gov.sa
VAT is imposed at each stage of the supply chain from the production and distribution to the final sale of the good or service. Saudi Arabia is committed to imposing VAT by Royal Decree No. (M/113) dated 2/11 /1438H and its executive regulations, with effect from 1 January 2018 (Rabi Al-Thani 14, 1439H). VAT will be introduced at a standard rate of 5%
We encourage our dear customers to access VAT law and implementing regulations through the following link: www.vat.gov.sa
Data SIM cards and Data Vouchers:
All price of the data SIM cards and data Vouchers are VAT inclusive.
Add-on Services:
- Postpaid lines: VAT will be applied on all add-on services which mean the services with non- recurring charges that cause an increase in the amount of the bill
- Prepaid lines: Customer using the existing balance, VAT will not be applicable.
Souce: Zain
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