THIMPHU, BHUTAN — As of Monday evening, March 2nd, around 78.14% of Bhutan’s 3,308 GST-registered businesses had filed their January 2026 tax returns, collecting a total of Nu. 89.23 billion ($1.189 billion) for the Bhutanese government.
The Bhutanese government had set a March 2nd deadline for businesses to submit their monthly GST filings. With just 7 hours left before the deadline expired at midnight, tax authorities were confident of achieving close to 100% compliance from the country’s commercial sector.
Bhutan’s Finance Minister Namgay Tshering lauded the high rate of GST filings, stating that it reflected the business community’s commitment to the country’s tax regime. “Bhutan has made significant strides in implementing the Goods and Services Tax,” Tshering told BoseTimes. “This level of compliance is a testament to the success of our GST rollout.”
The GST, introduced in Bhutan in 2024, has been a centerpiece of the government’s efforts to modernize and streamline the country’s tax system. Officials have said the new tax will help boost government revenues and reduce the administrative burden on businesses.
With the January filings now complete, Bhutanese authorities will shift their focus to ensuring full compliance in the months ahead. “We will continue working closely with businesses to make the GST system as efficient and user-friendly as possible,” Tshering said.