The 'Final' VAT regime applies a flat rate of VAT based on the gross amount of taxable sales of goods and services. Input VAT related to the acquisition of goods or services under the regime cannot be credited. The effective rates of VAT for taxable supplies in the different industrial sectors under this regime include the following:
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•ÌýÌýÌýÌý 2.2% of total costs incurred or paid, exclusive of the acquisition price of land, for the
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