These Growing Agriculture Supplies Skip the VAT and Duty Taxes Completely
What Does “VAT‑Free” Mean? VAT (Value Added Tax) is a consumption tax applied to most goods and services. In Trinidad & Tobago, the standard VAT rate is 12.5%. When an item is VAT‑free, it means you don’t pay that extra tax at checkout.For farmers, this is a significant benefit, as agricultural supplies can be expensive….
