VAT RETURNS

The introduction of Value Added Tax in Bosnia and Herzegovina resulted in a significant increase in revenue collected on the basis of VAT.

Law on Value Added Tax in Bosnia and Herzegovina has a unique tax rate in the amount of 17%, while the 0% VAT provided only for exports, by which country stimulates export oriented enterprises. Law on Value Added Tax applies in Bosnia and Herzegovina since 1st January 2006.
More could be found at Indirect Taxation Autority in BiH, link.