THE NEW VAT EXEMPTION ON AIRCRAFT AND WATERCRAFT FACES SCRUTINY OVER ITS IMPACT.

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In a move aimed at revolutionizing regional travel, the government has proposed a two-year VAT exemption on all aircraft and watercraft purchased for local and inter-island routes. But while the goal of cheaper fares has been widely welcomed, the plan is facing immediate scrutiny over a lack of detail, raising questions about its potential impact.

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