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

MRA The Value Added Tax Act 93
(b) 2 per cent of the tax excluding the penalty for each subsequent month or part of the
month during which the tax remains unpaid,
up to a maximum of 100 per cent of the tax.
171
172
173
MRA Act 2004 - Director-General replacing Commissioner.
FA 18/1999 - Section 69A added w.e.f 01.09.99.
FA 2008 - Section 69A added w.e.f. 19 July 2008.
FA 2006 – Subsection (2) amended by deleting the words “the enactments” and replacing them by the
words “this Act” w.e.f 01.07.06.
MRA Act 2004 – subsection (2) added , the existing provision being numbered (1) accordingly -
(2) The prosecution of an offence under any of the sections of the enactments specified in the
Fourth Schedule to the Mauritius Revenue Authority Act 2004 shall take place, at the discretion of the
Director of Public Prosecutions, before a Judge sitting without a jury, the Intermediate Court or a
District Court.
URA Act 17/2003(not proclaimed read as this)
(2) The prosecution for an offence under the sections of the enactments specified in the Fifth Schedule to the
Unified Revenue Act shall take place, at the sole discretion of the Director of Public Prosecutions, before the
Revenue Division of the Supreme Court, the Intermediate Court, or the District Court.
174 FA 2007 - Subsection (2) repealed and replaced w.e.f 22.08.07.
VAT Act 1998 –
(2) Any regulations made under this section may provide for the levying of fees and charges.
175
FA 2006 – Section 73 Repealed and replaced w.e.f 07.08.06.
VAT Act 1998 :-
73. Transitional provisions
(1) Subject to the other provisions of this section, where, on the appointed day, a person was registered
under the Sales Tax Act 1982 and his return for the last taxable period under the Sales Tax Act 1982 shows an excess
amount, that amount shall be deemed to be sales tax on trading stocks held by that person and shall not be refundable
and shall not be carried forward as a credit to be offset against his VAT liability, if any.
(2) Where a person becomes a registered person under this Act on the appointed day, he shall, within 15
days of that day, submit to the Director-General, as at the day immediately preceding the appointed day, a certified
inventory of -
(a)
(b)
his trading stocks; and
capital goods, being plant, machinery or equipment, of a capital nature, acquired within a
period not exceeding 3 months immediately preceding the appointed day,
showing the amount of sales tax paid or payable thereon.
(3) Subject to subsections (4) and (5), where a person has submitted a certified inventory under subsection
(2), the sales tax paid or payable on his trading stocks and capital goods shall be deemed to be value added tax and he
may take a credit of -
(a)
(b)
where his taxable period is a month, 50 per cent of the amount deemed to be value added tax
in his return for each of the third and sixth taxable periods; or
where his taxable period is a quarter, 50 per cent of the amount deemed to be value added tax
in his return for each of the second and third taxable periods.
(4) Any credit in respect of capital goods under subsection (3) shall be allowed in conformity with the
Seventh Schedule.
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