GTL Summary:

Article 45 establishes a fine not exceeding fifty thousand (50,000) Riyals for specific violations of the Value Added Tax Law. This penalty applies to any person who fails to maintain tax invoices, books, records, and accounting documents for the period mandated by the Regulations, with the fine being levied per tax period. The same fine is applicable to persons who prevent or obstruct employees of the tax authority from carrying out their duties. Furthermore, this penalty also covers any individual who violates any other provision stipulated within the Law or its accompanying Regulations, acting as a general penalty clause.