Before Parliament went on recess for the festive season, the House passed the VAT Amendment Bill with a majority vote on Friday night.
The VAT Amendment Bill imposes VAT on insurance premiums, VAT on imported textbooks, erasers, and other stationery.
This Bill will also zero-rate VAT on locally manufactured sanitary pads, as earlier announced by the Finance Minister during the presentation of the 2024 Budget Statement and Economic Policy of Government.
The division stood at 137 For the Motion, and 134 Against the Motion. Three MPs of the opposition National Democratic Congress (NDC) were absent during the vote.
Later, the House also passed the Appropriation Bill 2023.
