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

MRA The Value Added Tax Act 23
(1) Every registered person shall, after the end of every taxable period, within
such time as may be prescribed, submit to the Director-General in respect of that period a
return, in such manner and in such form as may be approved by the Director-General,
specifying -
(a)
the amount of output tax payable;
(b)
(c)
(d)
the amount of input tax allowable;
the value of all taxable supplies made by him;
the value of goods imported and the value of all taxable supplies made
to him;
(e) the amount of solidarity levy under section 53B; and 90*
(f) such other particulars as may be required in the form of the return. 91*
(1A)
(1B)
Where the annual turnover of taxable supplies does not exceed the amount
specified in the Second Schedule, a registered person may,
notwithstanding subsection (1), by irrevocable notice in writing to the
Director-General, elect the taxable period in relation to him be a period of
a month or part of a month. 92*
Where a registered person has made an election under subsection (1A), he
shall submit a return in accordance with this section as from the end of
the quarter in which the election is made. 93*
(2) Where a registered person submits a return under subsection (1)or (1B) and - 94*
(a)
(b)
the output tax exceeds the input tax, the difference representing the
amount of tax payable shall be paid to the Director-General at the time
the return is submitted; or
the input tax exceeds the output tax which would have been payable if
the credit has not been taken, the excess amount shall, subject to
section 24, be retained to be carried forward onto the return for the
following taxable period for the payment of any VAT that is for the
time being payable or may become payable by the registered person.
(3) Where a registered person does not make any supply of goods or services and
does not receive any goods or services, he shall submit a nil return.
23. Tax liability prior to date of registration
(1) Where a registered person ought to have been registered on a day prior to the
date of his registration, he shall, not later than 30 days after the date of his registration - 95*
(a)
submit a statement, in a form approved by the Director-General, giving
the information and particulars specified in section 22 in respect of the
taxable periods commencing on the date the person was required to be
* Please refer to endnotes at Appendix Page 23 of 107