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Bhutan Deferring GST Implementation a Further Two Years

30 June 2022

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Approved Changes

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Bhutan

The National Assembly of Bhutan has announced that four bills were considered in re-deliberations held on 27 June 2022, including the Goods and Services Tax (Amendment) Bill of Bhutan 2022. The bill provides for the deferral of the implementation of the new GST as provided by the Goods and Services Tax Act of Bhutan 2020 from 1 July 2022 to 1 July 2024. Although the National Council of Bhutan had rejected the bill, the National Assembly did not support the Council's recommendations and is submitting the bill for Royal Assent (enactment). With respect to the Goods and Services Tax (Amendment)...