The OL Dorji Wangdi disagrees with increasing sales tax on imported cheese & butter from 10% to 50%
Channel: Druk Phuensum Tshogpa
Date: 2022-11-16

Third Reading on the Tax Bill of Bhutan 2022 | Posted on:16 November 2022.

The Chairperson of the Economics and Finance Committee, a member from Gangzur-Minjey submitted the Committee’s recommendations on the Bill. The House deliberated in length on the taxation schedules. 

The following were the items submitted by the government for considering a revision in taxation and being reviewed by the committee:

Chicken and pork and their related items;
Milk powder;
Edibles seeds and lentils;
Areca nuts and Betel leaves;
Gingers;
Cereals;
Vegetable oils;
Homogenized meat products;
Sugar confectioneries;
Noodles and kinds of pasta;
Rice and bread;
Juice items;
Tobacco and related items;
Types of cement and related products;
Plastics;
Gold and silver;
Heavy machine rides;
Wood and metal furniture.
In addition to the above list, the committee also made an in-depth study and recommended including milk, butter, cheese, and eggs and their related products to consider for the imposition of taxes. The committee also recommended the imposition of taxes on hume pipe and wire mesh. These recommendations are based on import substitution, conserving hard currency, promoting local products, and improving the overall trade balance. 

In today’s deliberation, the house has completed up to Tobacco. The deliberation on the rest of the Committee’s recommendations and the Government proposal on the Schedule will be continued tomorrow.

The revision on the taxation rate will be available to the public once the process of deliberation is over but within this Winter Session.
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