From:TheBahamasWeekly.com

VAT Bahamas
VAT / Price Control Monitoring Continues
By Ministry of Finance
Feb 5, 2015 - 3:25:20 PM


NASSAU, The Bahamas -- In an effort to establish compliance with the newly-implemented Value Added Tax (VAT) and at the same time protect consumers from over-pricing, Price Control Inspectors with the Consumer Welfare Unit led by Price Commission Chairman Dr. E. J. Bowe and Chief Inspector McKenzie visited various food facilities on Wednesday, February 4.  The inspectors indicated violations and warned and reminded merchants of possible fines or prosecution if stores are not found in compliance by the March 31 deadline set by the government.



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