January 26, 2007

zero rated supplies


The following supplies are zero-rated in accordance with the Value Added Tax Act.

1. Export of goods and other supplies of goods for consumption outside of St. Vincent and the Grenadines.

2. Export services and other supplies of services for consumption outside of St. Vincent and the Grenadines.{{more}}

3. A supply or import of one of the following foods listed for human consumption:-

(a) non-packaged white rice

(b) cane sugar

(c) milk

(d) raw chicken back, neck and wings

(e) raw turkey back, neck and wings

(f) baby formula

(g) non packaged wheat flour

4. (a) the first 200 kilowatt hours per month of electricity and

(b) the fuel surcharge provided by Vinlec or any other approved person

5. gasoline, kerosene, diesel and LPG

6. Exercise books, newspapers and computers.

7. packages, containers, labels and bottles

8. invalid carriages and orthopedic appliances

9. services by:

(a) St. Vincent and the Grenadines Port Authority

(b) Any airport in St. Vincent and the Grenadines

10. International Financial Services.