NBR reports 41 new violations during the inspection visits within local markets in July

TDT | Manama

The Daily Tribune - www.newsofbahrain.com   

The National Bureau for Revenue (NBR) reaffirms its continuous commitment to enhancing the level of business compliance within the local markets and ensuring adherence to all regulations and legislation for the effective implementation of VAT and Excise including the Digital Stamps Scheme.

In line with this commitment, the NBR conducted 183 inspection visits within the local markets across different governorates in the Kingdom of Bahrain in July.  These visits aimed to monitor the market and provide high levels of protection for consumer rights and combat VAT and Excise evasion, along with spreading awareness about the rightful ways of implementation.

The NBR has confirmed that effective oversight of the local market has resulted in reporting a total of 41 VAT violations, in which administrative fines have been imposed in accordance with the Law.  The reported violations were related to the failure to comply with the conditions for issuing VAT invoices, failure to show prices inclusive of VAT, failure to display a VAT certificate in a visible location, and failure to issue a VAT invoice.

The NBR also identified several violations that are considered suspicious of VAT or Excise evasion, in which legal actions will be taken against violators, and reported those who are proven to have committed evasion crimes which may be punishable by imprisonment for five years and a fine equivalent to three times the amount of VAT due or by imprisonment for one year and a fine equivalent to double the evaded excise.

The NBR emphasised that the cooperation of businesses and consumers is integral to the success of the ongoing inspection campaigns to achieve the highest compliance standards, the NBR also urges all concerned parties to report any violations or evasions of the VAT or Excise law by contacting the NBR call center at  80008001 available 24 hours, 7 days a week, or through the National Suggestions & Complaints System (Tawasul), or by email through vat@nbr.gov.bh for VAT related queries, and to ds@nbr.gov.bh for the Digital Stamps Scheme queries.