VAT / GST
Rates

Reduced VAT / GST rate

Not applicable

Standard VAT / GST rate

[1] / 16

High VAT / GST rate

Not applicable

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A VAT rate of 8% applies to these basic necessities: frozen chard; salted fish; meat of bovine animals, fresh or chilled; husked riced; other milk powder; packaged waters for the table; iodized salt; soap for ordinary use; matches; fresh and frozen meats; various fish; dried and salted cod; rice; and sugar

[1] The 0% rate is applicable for exportations and similar operations.