Supporting Industries or Contractors
VAT for Importation of Supporting Industries or Contractors
Supporting industries (QIP) or contractors imported products and equipment to make the supply or supply process to the manufacturing industries of garments, clothing, shoes, bags and hats for export ,so the VAT Inputs on the import shall become a State Charge.
Moreover, their supplies to the manufacturing industries of garments, clothing, shoes, bags and hats for export shall be subject to a zero rated VAT (0% VAT rate) supply.