Regulations, 2010

L.N. 536 of 2010

VALUE ADDED TAX ACT

(CAP. 406)

Value Added Tax Act (Substitution of Sixteenth Schedule)

Regulations, 2010

IN exercise of the powers conferred by articles 2 and 75 of the

Value Added Tax Act, the Minister of Finance, the Economy and

Investment has made the following regulations:-

(1) The title of these regulations is the Value Added Tax Citation and

Act (Substitution of Sixteenth Schedule) Regulations, 2010, and these commencement.

regulations shall be read and construed as one with the Sixteenth

Schedule to the Value Added Tax Act, which Sixteenth Schedule is Cap. 406.

hereinafter in these regulations referred to as "the Schedule".

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

2011. (3) These regulations transpose the relevant provisions of

Council Directive 2009/162/EU of 22nd December 2009 amending

Council Directive 2006/112/EC of 28th November 2006 on the

common system of value added tax.

The Schedule shall be substituted by the following

Substitutes the

Schedule.

"SIXTEENTH SCHEDULE

[Article 2]

Excise Goods

"Excise goods" means products under any of the following

descriptions in so far as they are subject to excise duty in terms

of the Excise Duty Act

(a)

energy products including mineral oils;

(b)

alcohol and alcoholic beverages;

(c)

manufactured tobacco

Provided that gas supplied through a natural gas system

situated within the territory of the Community or any network

connected to such a system shall not fall under the description

B B 6532

of excise goods.".

€0.19