



Staff Reporter :
Customers will no longer have to pay Value Added Tax (VAT) for purchases at the super shops.
The retail price of the products will be the final price to pay, according to a National Board of Revenue (NBR) release.
The NBR’s VAT department issued a notification in this regard on Thursday.
The NBR authorities and the super shop owners took the decision following several meetings.
Earlier, VAT rates varied ranging from 1.5 percent to 5percent, with a 7.5 percent rate applied during last year’s budget.
Chain super shop owners had been objecting to this for a long time.