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Presentation on the Goods and Services Tax (GST)

Posted on :22 January 2020

On the invitation by the National Assembly, Officials from the Ministry of Finance made a presentation to the Members of the National Assembly on Goods and Services Tax (GST) at the National Assembly Conference Hall today afternoon. The Finance Minister was also present on behalf of the Ministry. 

The presentation included GST design, administration, impacts and benefits of GST and comparison of tax rates between pre- and post-GST. The presentation was followed by a question and answer session.  

The Goods and Services Tax Bill of Bhutan 2020 was declared as Money Bill during the First and Second reading of the Bill on 16th January, 2020 and was referred to the Legislative Committee for further review and scrutiny and consultations. It will be tabled for  Third Reading on 6th February, 2020

 

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