GTL Summary:

Article 10 of the KSA Value Added Tax Law establishes the legal basis for defining supplies that are either exempt from VAT or subject to a zero rate. This provision delegates the specific authority to the Implementing Regulations. It mandates that 'The Regulations' will provide a comprehensive list of all goods and services falling under these two categories. Furthermore, the Regulations are responsible for stipulating the precise terms and conditions that must be satisfied for a supply to qualify for either exemption or zero-rating, ensuring clarity and proper application of these special VAT treatments.