Home News A decision to reduce the price of certain food items for the... News A decision to reduce the price of certain food items for the next six months comes into effect today By DBS Radio News - October 1, 2025 FacebookTwitterWhatsAppEmail A decision by Government to reduce the price of certain food items for the next six months comes into effect today. These food items will be exempted from the Value Added Tax (VAT). Assistant Comptroller at the Inland Revenue Jeoffrey Joseph