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

MRA The Value Added Tax Act 46
(4) Where the Director-General compounds an offence in accordance with this
section -
(a)
(b)
the amount for which the offence is compounded shall be deemed to be
tax assessed under this Act and shall be recoverable as tax; and
no further proceedings shall be taken in respect of the offence so
compounded against the person.
62. Tax payable notwithstanding prosecution
Any person convicted of an offence under this Act or any regulations made
thereunder or who has agreed to the compounding of an offence under section 61 shall not be
relieved of his liability for payment of any tax due.
63. Cessation or transfer of business
PART XII - MISCELLANEOUS
(1) Where a registered person intends to cease business, he shall immediately
notify the Director-General in writing of the date of the cessation of business.
(2) Subject to subsection (3), a registered person who ceases business shall, within
15 days of the date of the cessation -
(a)
(b)
submit a return and pay all tax due including the tax due on any goods
forming part of the assets of the business other than those specified in
section 21(2)(b); and 165*
return to the Director-General his certificate of registration and all his
copies.
(3) Where a registered person, who ceases to carry on business, sells or otherwise
transfers his business as a going concern to another person, he shall not submit a return and
pay the tax as required under subsection (2)(a), but the purchaser or transferee of the business
shall be deemed to be a taxable person and shall forthwith register as a registered person
under section 15.
64. Tax liability of appointed person
(1) Where an administrator, executor, receiver or liquidator is appointed to
manage or wind up the business of any taxable person, the appointed person shall -
(a)
(b)
give notice of the appointment to the Director-General, within 15 days
of the date of the appointment, in such manner and in such form as
may be approved by the Director-General;
before disposing of any asset of the taxable person, set aside such sum
out of the asset as appears to the Director-General to be sufficient to
* Please refer to endnotes at Appendix Page 46 of 107