Bhutan's Ministry of Finance has published the Goods and Services Tax (Amendment) of Bhutan Act 2025, which was approved by parliament in July 2025. Key points of the 2025 Amendment Act include that the GST regime will enter into force on 1 January 2026 and the standard GST rate is 5% (originally 7%). Further, the late payment penalty is reduced from 24% per annum to 15% per annum, and the scope of exempt supplies is amended. Lastly, the measures for an Excise Equalization Tax (EET) are remo…