Denial of VAT on bank card transactions

The country’s tax administration issued a statement in response to rumors circulating in cyberspace that a 9% VAT had been levied on bank card transactions.

The statement said: “According to the provisions of the VAT law, goods and services are subject to tax and duties, and now the taxable persons, in accordance with the calls made at the time of sale and invoice, are required to deduct the said taxes and duties and Pay it to designated accounts.

Therefore, paying the price of the goods by bank card or any other method has no effect on the mentioned taxes and duties. Accordingly, the news published in cyberspace that a 9% VAT has been levied on bank card payments since the beginning of June this year is untrue and untrue.