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Possible food shortage due to forex shortage

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Dizzy28
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Re: Possible food shortage in 3 months due to forex shortage

Postby Dizzy28 » March 18th, 2016, 10:01 pm

pete wrote:Infant formula isnt vatable. Using the soy toddler transitions and it was 125 in massy on Saturday and 135 yesterday.

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I'm certain prices went up on formula in both Pennywise and Superpharm post Feb 1st. I even asked the sales clerk in both places who said it's because of VAT. I'll hafta look for some old bills to confirm.

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pete
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Re: Possible food shortage in 3 months due to forex shortage

Postby pete » March 18th, 2016, 10:19 pm

Initially maybe they put the VAT on but if you check here

http://www.finance.gov.tt/wp-content/up ... tained.pdf

g) baby formulas and baby milk substitutes;

Zero rated

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Dizzy28
TriniTuner 24-7
Posts: 18913
Joined: February 8th, 2010, 8:54 am
Location: People's Republic of Bananas

Re: Possible food shortage in 3 months due to forex shortage

Postby Dizzy28 » March 18th, 2016, 11:48 pm

pete wrote:Initially maybe they put the VAT on but if you check here

http://www.finance.gov.tt/wp-content/up ... tained.pdf

g) baby formulas and baby milk substitutes;

Zero rated


Ahhh I see!! However according to that schedule diapers for adults are zero rated but not for infants:eek:

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