The government allows exemption on the local production of lifts and importation of its raw materials and spare parts, provided certain conditions are fulfilled.

The government allows exemption on the local production of lifts and importation of its raw materials and spare parts, provided certain conditions are fulfilled.

Mar 21, 2020

SRO No. 58/2022/171-VAT
The government allows exemption on the local production of lifts and importation of its raw materials and spare parts, provided certain conditions are fulfilled. The exemption is given on advance tax (AT), Value Added Tax (VAT) and supplementary duty (SD).

This is effective until 30 June 2025.

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