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

MRA The Value Added Tax Act 9
"VAT" means value added tax and any reference in this Act to VAT is a reference to
value added tax;
“VAT invoice” -
(a) means a VAT invoice under section 20; but
(b) does not include a receipt or invoice under section 19;
“VAT Registration Number” means the VAT Registration Number allocated to a
person under section 17;
“visitor” means a person holding - 40*
(a)
(b)
a foreign passport; and
a valid ticket for travel by air or sea to a foreign airport or port.
3. Meaning of business
(1) In this Act, "business" -
(a) means -
(i)
(ii)
any trade, commerce or manufacture, profession, vocation or
occupation; or
any other activity in the nature of trade, commerce or
manufacture, profession, vocation or occupation; and
(b)
includes any activity carried on by a person, whether or not for gains or
profit, and which involves in part or in whole the supply of goods or
services to other persons for a consideration.
(2) Anything done in connection with the termination or intended termination of a
business is treated as being done in the course or furtherance of that business.
(3) Where in the case of a business carried on by a taxable person, goods forming
part of the assets of the business are, under any power exercisable by another person, sold by
the other in or towards satisfaction of a debt owed by the taxable person, they shall be
deemed to be supplied by the taxable person in the course or furtherance of his business.
(4) The disposal of a business as a going concern, or of its assets or liabilities,
whether or not in connection with its re-organisation or winding up, is a supply made in the
course or furtherance of the business.
4. Meaning of supply
* Please refer to endnotes at Appendix Page 9 of 107