What is the National Tax Authority (NBR)? Review of the National Tax Authority (NBR)

responsibility

The NBR is responsible for the administration, supervision and collection of VAT and excise taxes and related penalties through the implementation of the laws, regulations and by-laws in force in the Kingdom of Bahrain. To this end, the NBR shall:

● Implementation of relevant agreements and treaties ratified or acceded to by the Kingdom of Bahrain.

● Coordinate with relevant entities within and outside the Kingdom of Bahrain and take necessary procedures to avoid duplication of cases and combat VAT and GST evasion.

● Create and operate the necessary registration systems for VAT and excise taxes applicable in the Kingdom of Bahrain, process applications for registration, and monitor compliance of those registered with the provisions of the law.

● Identify relevant warehouses, issue their licenses, and monitor compliance of license holders with relevant legal provisions.

● Receive VAT and GST returns and reports, review, audit, approve or amend them, or request and receive additional documents or information in connection therewith.

● Inspection and audit of records, books and documents of VAT and GST subjects. NBR is also responsible for reviewing any data or information - available to parties dealing with NBR - and necessary for audit purposes.

● If there are reasonable grounds to demonstrate that the information provided is incorrect, the amount of VAT and GST payable should be reassessed.

● Issue all relevant certificates.

● Handle reconciliations and review appeals submitted regarding VAT and GST procedures.

● Issue necessary guidelines to create awareness among the people and enhance voluntary compliance.

● Collect information and statistics of the nature of VAT and excise taxes.

● Assist in the formulation and proposal of VAT and Excise Tax laws in the best interest of the overall financial and economic policy of the Kingdom of Bahrain.

● Collaborate and exchange information and experiences with national and regional/international organizations and authorities as well as professional consulting firms within and outside the Kingdom of Bahrain.

● Coordinate with relevant entities and acquire membership in relevant regional/international organizations, authorities and federations.

● Represent the Kingdom of Bahrain at regional/international conferences, meetings and forums on VAT and Excise Tax in coordination with relevant entities.

References

• 1. Responsibilities of the Bahrain Tax Authority: Official website