Charging VAT on companies like BAPCO, Banagas.
When we invoice on companies like BAPCO, Banagas etc, should we charge VAT on them?
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If your supply is not exempt, you need to charge VAT. Just check whether these two entities have been classified as ‘Government entities’ and your contract with them has been signed before 31Dec 2018. Then may be 0% as per Transition provision of Decree Law under Article 76B.