Friday Nov 15, 2024
Friday Nov 15, 2024
Tuesday, 11 September 2018 00:00 - - {{hitsCtrl.values.hits}}
The Finance Ministry yesterday said that 15% VAT would only be imposed on apartments from 1 April 2019 and ruled out any policy inconsistency on behalf of the Government.
The confusion of dates was due to a technical error in the initial document that deferred imposing 15% VAT for a year. However, developers, and other stakeholders had subsequently been notified of the error by letter.
