Value Added Tax Act 1998 - The Mauritius Chamber of Commerce ...

MRA The Value Added Tax Act 16
(b)
whose turnover of taxable supplies exceeds or is likely to exceed the
amount, specified in the Sixth Schedule, 57*
shall apply to the Director-General, in such form and in such manner as may be approved by
him, for compulsory registration as a registered person under the Act. 58*
(2) (a) Notwithstanding section 16, every person engaged in – 59*
(i)
(ii)
any business or profession specified in Part I of the Tenth
Schedule and whose turnover of taxable supplies does not
exceed or is not likely to exceed the amount specified in the
Sixth Schedule; or 60
any business specified in Part II of the Tenth Schedule,
irrespective of his turnover of taxable supplies,
shall apply to the Director-General, in such form and in such manner as may be approved
by him, for compulsory registration as a registered person under the Act.
(b) Paragraph (a) (i) shall not apply to a person holding an office or
employment, unless the person, otherwise than by virtue of any enactment, is also engaged, in
addition to his office or employment, in any business or profession specified in Part I of the
Tenth schedule.
(2A)
Notwithstanding the other provisions of this Act, the registration of a
person engaged in the business specified in item 1 of Part II of the
Tenth Schedule shall be in respect of –
(a) the banking services referred to -
(i)
(ii)
in subparagraph (A), (B) and (C) of item
50(a)(ii) of the First Schedule;
in item 6(b)(ii) of the Fifth Schedule; and
(b)
his other taxable supplies, irrespective of the amount of
his turnover. 61*
(3) Where the turnover of a person is made up exclusively of -
(a)
(b)
zero-rated supplies; or
zero-rated supplies and exempt supplies,
that person shall not be bound to apply for registration under this section. 62 *
(4) Where the Director-General is satisfied that the applicant is required to be
registered, he shall register the applicant as a registered person under the Act. 63*
(5) Where the Director-General is satisfied that -
* Please refer to endnotes at Appendix Page 16 of 107