A new value-added tax (VAT) return (form for declaring sales, turnover and other liabilities) would replace the existing combined sales tax and federal excise return from July 1, 2010 under the ...

Under the existing system, paper VAT returns submitted by taxpayers are entered into the e-VAT System through the Central Processing Centre (CPC) of the respective VAT Commissionerates.

To make the VAT system more digital and taxpayer-friendly, the National Board of Revenue (NBR) has taken the initiative to ...

Algirdas Šemeta, the European commissioner in charge of taxation, has proposed a uniform VAT return, in a move to simplify EU law. As part of the EU's end-of-term push to cut red-tape for businesses ...