MoF Notification No. 114/S1 dated 15/01/2021 reminding the taxpayers to invoice the end consumer in LBP.

The Ministry of Finance (MoF), has issued and published the here below Notification No. 114/S1 dated 15/01/2021 to remind the taxpayers undertaking industrial, commercial and non-commercial activities or professional services to invoice the end consumer in LBP including the VAT amount (i.e. the VAT amount should represent 11% of the initial invoice amount in LBP) and give him a copy of this invoice in compliance with the Article 25 of the Consumer Protection Law. Any infringement to this regulation will be criminally prosecuted and will subject the offender to applicable taxes and penalties.

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