Changes to The Value Added Tax Act [CAP 148] in Tanzania:
- This Act was amended in the Written Laws (Miscellaneous Amendments) Act No.3 of 2017.
- This Act is amended under Section 6 which now gives the Minister of Finance power to grant VAT exemptions in respect of projects funded by donor funds or concessional loans in Tanzania
- Further, The Minister of Finance will specify goods or services that are eligible for exemption including commencement date and expiry date of the said exemptions.
- This amendment further provides that exemptions will cease to apply and VAT will be paid if the exempted goods are transferred or sold to persons who are not entitled to receive the said exemptions.