V.A.T. Act 2007 - Kenya Revenue Authority

Rev. 2007 VALUE ADDED TAX CAP 476
(iii) modification of the rates of tax on goods and services;
(e) include a safety device to prevent the erasure of records in its memory;
(f) have a casing sealed with a leaden seal bearing the stamp of the Commissioner
which would result in the seal’s self destruction in case of an attempt to break
into the memory;
(g) have an emergency power supply in the form of network battery (accumulator
batteries) capable of lasting for forty-eight hours commencing at the time the
network power supply ceases;
(h) have the potential for interconnectivity with external networks;
(i) have capability to record in its memory the following data –
(i) the date and time of commencing and ceasing the
operations in its module;
(ii)the register’s identification number and the user’s
personal identification number (PIN);
(iii) the tax rates assigned to the description of goods and services;
(iv) the value of the sales without the tax, the value of sales exempted from
tax amounts divided into categories of individual tax rates, total
amount of the tax and the total amount of the sales, including tax;
(v)
(vi)
the serial numbers and the dates for the resetting of the
report every twenty four hours;
the numbers and dates of the resetting of the register memory and the
information on the initiation of resetting and the methods of its
performance;
(j) have capability to –
(i) store data in such a manner as to be unintelligible to
persons not authorized to access it;
(ii)
protect itself against change or erasure of data;
(iii) print out the daily monthly and annual reports as per Regulation 6;
(iv) print the sales records from its memory as per standard time units
(day, month, year);
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