On 7 September 2026 (22 Bhadra 2083), the IRD published the set of approved application forms required for taxpayers seeking to implement exemptions, concessions, and facilities under the Finance Act 2083. These forms standardize the submission of information for income tax holidays, VAT exemptions on imported machinery, excise duty refunds, and customs duty concessions. The forms are available for download on the IRD website and can be submitted electronically through the taxpayer portal.
Key Takeaways
- Category-Specific Forms for Targeted Reliefs: Separate forms are provided for industry-specific incentives (e.g., Form FE-01 for manufacturing tax holiday, Form FE-02 for export VAT exemption, Form FE-03 for special economic zone benefits).
- Mandatory Supporting Documents Listed: Each form includes a checklist of required attachments such as industry registration certificate, environmental clearance, audited financial statements, and proof of capital investment.
- Digital Submission Mandatory: Physical submissions are no longer accepted; all applications must be filed via the IRD’s online portal with digital signatures, ensuring faster processing and audit trail.
Disclaimer: This article is compiled and summarized by the AI based on publicly available information and is for general information purposes only. It does not constitute any form of formal tax advice, legal opinion, or basis for performance. Please consult a qualified professional tax advisor or legal counsel for tax advice.
Source: Read Official Announcement