C ustoms IiI nd Excise Tlilx (Tax Invoice) Regulliltions, 1997 (taxinvoice)

LN. 88 ol l997

CUSTOMS AN D EXCISE TAX ACT, 1997

(ACT NO. XII 0 .' 1997)

C ustoms IiI nd Excise Tlilx (Tax Invoice) Regulliltions, 1997

IN exercise of lhe powers conferred by subsection (I) of sect.ion

39 and section 7S o f the C ustoms and Excise Tax Ac t, 1997,

hereinllfter in these regulations referred to as " the Act", the Ministe_r

of Finance and Commerce has made the following regulations:_

t.

( I) These regulations may be cited as the CuStoms and

Excise Tax (Tax Invoice) Regulations. 1997.

(2) These regulations shall come into force on the 1st

July. 1997.

Terms used in these regulations shall, un less the comexl

otherwise requires, h:lVe the same meaning assigned to them in the

Act.

Save as the Director may otherwise allow, a docu mcnJ

shall nOI constitute a tax invoice un less it is legible and unless all

the paniculars requ ired by these regu lations are properly and fully

stated.

( I) Saving the pro visions of regulatio n S of these

regUlations, a tax invoice required to be issued on the sale of products

shall conlain the foll owing paniculars

(a)

an identifying number o f the invoice;

(b)

the dale of lhe sale;

(c) the name, address and tax registration numrer o f

the person making the sale;

(d ) the name, address and tax registration numbe r o f

the person to whom the sale is made;

(e)

a description sufficient to identify the products sold

for each description, the quantity of the products

(f)

d isting uishing between taxable products and products which

are uempt in terms of Part One orllle Second Schedule to the

Act. and tbe price payable excluding lax (if any);

(g) the total price payable before any cash discounts,

and excluding tax;

(h)

the rate of any cash discount offered

in the case of a sale of taxable products the amount

( i)

oftu c hargeable ;

toral amounr payable;

(j)

(2) Saving the provisions o f regulalion 5 of these regUlations.

a tall. in vo ice required to be iss ued on lbe provision of services shall

contain the following panic ulars

<a)

an idcnlifying number o f the invoice

(b)

the date of the provision;

(c) the name.. address and lax registration number of

the person providing the service;

(d) the name. address and tax registration number of

the person to whom the service is provided;

(e) a description suffi cient to identify the servi ces

provided;

(f) the extent of the services provided distinguishing

between taxable service s and se ..... ices which are exempt in

terms of the Third Schedule to the Act;

the total amoun t payable ;

(g)

A lax invo ice whic h is required 10 be provided by a reta iler TU I. <Ok:e

S.

shall contain the following panicula rs

brrmll ....

(a)

an identifying number of the invoice;

(b)

the date of the sale;

(c) the name. addren and the tax registrntion number of

the retailer;

(d) the name and taJ( registrati on number of the person

to whom the sale is made;

(e)

a description sufficient to identify th e products sold

(f) ra r each description the quantity of lhe products and

the price payable;

(g)

the total amount payable;

In the case of a provision of services to which subsection

(2) of section 22 of the Act refe rs, the person who has the obligation

to pay ETS in tenns of the said subsection (2) shall indicate the

words "services supplied by non-resident" in lieu orlhe informatio n

required by s ubparagraph (d) of paragraph (2) of regulation 4 of

these reg ulations.

A lax invoice issued by or (0 a perso n who is required to

be registered under the Act. but who has not yet bee n registered

under the Act shall. in lieu of the reg istration number ofthat persOIl-

(a)

contain the words "not registered yet"; and

(b) indicate the ide ntity card number of that person, or.

where that person is nOl an individual, the name and identity

card number of its principal officer or of one of its p'lincipal

officers.

T hese reg ulatio ns s ha ll be without prej udi ce to any

provisions which may be prescribed in lenns of section 1S of the

Aet.

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