:: GENERAL SALES TAX
The General Sales Tax applies to the sales of all industrial products, locally manufactured and imported. The tax was introduced in 1991 under Law No 11. It was first levied on producers, importers and service providers but the scope was widened in 2001 to include wholesale traders and retailers.
The standard rate is 10% but some goods are exempt and others attract higher tax rates. Services are taxed at either 5% or 10% depending on their type. The tax is imposed on top of Custom duties.