Bahrain VAT return

The Bahrain National Bureau of Revenue has published the standard VAT return contents following the introduction of the 5% consumption tax at the start of 2019.

Key details include:

1. Standard rated sales
2. Sales to registered taxpayers in other GCC states
3. Sales subject to the domestic reverse charge
4. Zero-rated domestic sales
5. Exports
6. Exempt sales
7. Total Sales
8. Standard rated domestic purchases
9. Imports subject to VAT (deferred or settled)
10. Imports subject to VAT under the reverse charge mechanism
11. Purchases subject to the domestic reverse charge mechanism
12. Purchases from non-registered suppliers, zero-rated/exempt purchases
13. Total Purchases
14. Total VAT due
15. Corrections from previous period
16. VAT credit carried forward from previous period
17. Net VAT due (or reclaimed)