Manufactured Products

Raw and packaging materials would be Zero-rated from Value Added Tax (VAT) if the raw materials acquired by the manufacturer are utilised as follows:

1. raw materials to be used in the production of goods which will be subsequently exported by a taxable person who, to the satisfaction of the Commissioner, exports at least 50% (fifty percent) of all its products.
2. packaging materials to be used in the production of goods which will be subsequently exported by a taxable person who, to the satisfaction of the Commissioner, exports at least 50% (fifty percent) of all its products.
3. raw materials and packaging materials to be used in the production of exempt goods to the satisfaction of the Commissioner.
4. all bio-degradable containers used in the packaging of food and beverages.