1. Review the VAT General Guide and familiarise yourself with its content

2. Explain the role of the National Bureau for Revenue (NBR), giving some details of what the Bureau actually does in connection with VAT.

3. Give details of the record keeping procedures, the documents that must be kept by a business and where those records should be kept and the length of time the records must be kept.

Answer rating: 100% (QA)

1 The National Bureau of Revenue NBR in Bahrain has issued an updated VAT General Guide outlining how to establish the location most closely associated with a supplier The Guide also specifies the cos... View the full answer