GTL Summary:

Document Type: IR - Implementing Regulations
Law: Value Added Tax Law
Decision Number: 3839-article-61
Year: 2016
Country: πŸ‡ΈπŸ‡¦ KSA
Official Name: Article 61 - Currency Conversion
Last updated at: 2025-11-27 14:38:44 UTC

Chapter 10 - Procedure and Administration

Article 61 - Currency Conversion

Where any relevant amount to which these Regulations apply is expressed in a currency other than riyal, the amount must be converted to riyal using the daily rate prescribed by the Saudi Central Bank on the date that the relevant Tax becomes due in accordance with the Agreement and the Law.

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