From:TheBahamasWeekly.com

VAT Bahamas
VAT Free Shopping Rules Update‏
Sep 8, 2015 - 12:48:16 PM



Nassau, Bahamas -The Department of Inland Revenue reminds business owners that are eligible for the VAT Free Tourist shopping scheme that there are several goods that are not part of the scheme.

Those items can be found in the VAT Rule on VAT Free Shopping and include all goods that may be consumed prior to departure such as food, confectionary items and beverages, alcoholic beverages, tobacco products, medicine and pharmaceutical products.

Also note that tourists making VAT free purchases must present to the approved retailer travel or other documentation to show residency status and proof of pending departure from The Bahamas. Such documentation must include but shall not be limited to the following:
i) Passport;
ii) Driver’sLicence;
iii) Government issued photo ID; iv) Cruise ID;
v) AirlineTicket;
vi) Boarding Card;

Please be reminded that the VAT Office has now been joined with the Department of Inland Revenue (CRA) which is now located at the rear of the Shops at Carmichael Plaza, Carmichael Road.

For further information, visit our website www.bahamas.gov.bs/vat, email taxinquiries@bahamas.gov.bs or call toll free at (242) 225-7280 or (242) 461-8050.



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