The following supplies are subject to VAT at the zero rate as an exception, provided that certain conditions for each (as mentioned in the legislation) are met:
- Export of goods and services.
- International transport of goods and passengers, and transport-related services.
- Certain means of transport, such as trains, sea vessels and aircraft, and goods and services related to such means of transport.
- First supply of residential buildings (lease or sale) within 3 years of finalizing their construction.
- Airplanes and marine vessels designed for the purpose of rescue or aid through air or sea.
- Certain precious investment metals.
- First supply of buildings specifically designed for charitable institutions (lease or sale).
- First supply of buildings that were converted from non-residential to residential units (lease or sale).
- Crude oil and natural gas.
- Certain educational services and related goods and services.
- Necessary and preventive healthcare services and related goods and services.