Ministry of Finance has announced Cabinet Decision No. 153 of 2025, setting out the application of the reverse charge mechanism on the trading of metal scrap between VAT-registered businesses in the ...

Despite what the name would suggest, “scrap” metal isn’t simply useless waste. Thanks to modern technology, scrap metal can be recycled and repurposed into new products, reducing the environmental and ...

The Ministry stated that the new decision falls within the government’s efforts to strengthen the efficiency of the tax system ...