Explanation of the VAT Law (Value Added Tax) and its Implementing Regulations

In this course, we will explain the provisions of VAT Law in terms of its nature, the mechanism of registration, the types and method of registering the tax group. It also deals with the cases of cancelling the registration in the value added tax, the provisions of supplies and imports, the place of supply, the supposed supply and zero-rated supplies as well as clarifying the methods of calculating the tax and the mechanism of deduction of the input and capital assets tax. We will also explain the tax invoice, returns and the mechanism of payment. Finally, we will present the penalties and fines prescribed for non-registration and tax evasion.