Shoppers flock to buy electronics ahead of VAT


Saudi Gazette

Jeddah — With Value Added Tax (TAX) coming into effect from Monday, markets and malls are witnessing increased rush of customers eager to benefit from last-minute discounts ranging from 20% to 60%.

Consumer durables like smart phones, laptops and various home appliances are selling like hot cakes while a whopping discount of up to 60% on major apparel brands is also attracting shoppers.

Stores are happy with the sudden increase in sales and stock clearance, but confusion over the impact of VAT prevails.

“I thought of buying a television set next month when I plan my vacation, but I bought it now at a much less price because of pre-VAT and discount sale,” said Philippine expatriate Ray Mantiago.

“I don’t know exactly what will be the impact of VAT, but I decided to buy a pressure cook prior to VAT,” said Arshia, an Indian housewife.

“I heard about tax and also discounts, so I came to buy a BBQ roaster which is very cheap,” said a Pakistani expatriate Khanzada Khan.

A sales executive of a leading stationery and electronics store said that December has been a very good month. “People are buying smartphones, laptops and also electronic games. This rush was anticipated ahead of VAT implementation,” he said.