The National Assembly of Bhutan has announced the tabling of the Goods and Services Tax (Amendment) Bill of Bhutan 2022 for the first and second readings on 8 June 2022. The bill provides for the deferral of the implementation of the new GST as provided by the Goods and Services Tax Act of Bhutan 2020 from 1 July 2022 to 1 July 2024, considering the unfavorable economic situation of the country and the operational readiness of the IT system (Bhutan Integrated Taxation System). The implementa…