421 tal-2012 (ln_2012_421) | MT

Malta Government Gazette — Legal Notice 2012 421 · Gazzetta tal-Gvern ta’ Malta Nru. 18,995 - 30.11.2012 — 421 tal-2012 – Regolamenti tal-2012 li jemendaw l-Għaxar Skeda li tinsab mal-Att dwar it-Taxxa fuq il-Valur Miżjud

Preamble — 421 tal-2012 – Regolamenti tal-2012 li jemendaw l-Għaxar Skeda li tinsab mal-Att dwar it-Taxxa fuq il-Valur Miżjud Open official source

L.N. 421 of 2012

VALUE ADDED TAX ACT

(CAP. 406)

Value Added Tax Act (Amendment of Tenth Schedule)

Regulations, 2012

IN virtue of the powers conferred by articles 22, 23 and 75 of

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

Investment has made the following regulations:-

Malta Government Gazette — Legal Notice 2012 421 · Gazzetta tal-Gvern ta’ Malta Nru. 18,995 - 30.11.2012 — 421 tal-2012 – Regolamenti tal-2012 li jemendaw l-Għaxar Skeda li tinsab mal-Att dwar it-Taxxa fuq il-Valur Miżjud

Reg. 1 Citation and commencement. — 421 tal-2012 – Regolamenti tal-2012 li jemendaw l-Għaxar Skeda li tinsab mal-Att dwar it-Taxxa fuq il-Valur Miżjud Open official source

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

Act (Amendment of Tenth Schedule) Regulations, 2012, and these

regulations shall be read and construed as one with the Tenth

Schedule to the Value Added Tax Act, which Tenth Schedule is

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

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

2013.

Malta Government Gazette — Legal Notice 2012 421 · Gazzetta tal-Gvern ta’ Malta Nru. 18,995 - 30.11.2012 — 421 tal-2012 – Regolamenti tal-2012 li jemendaw l-Għaxar Skeda li tinsab mal-Att dwar it-Taxxa fuq il-Valur Miżjud

Reg. 2 Adds new item to the Schedule. — 421 tal-2012 – Regolamenti tal-2012 li jemendaw l-Għaxar Skeda li tinsab mal-Att dwar it-Taxxa fuq il-Valur Miżjud Open official source

Immediately after item 12 of the Schedule, there shall be

added the following new item

"Input tax on supplies under cash accounting

Malta Government Gazette — Legal Notice 2012 421 · Gazzetta tal-Gvern ta’ Malta Nru. 18,995 - 30.11.2012 — 421 tal-2012 – Regolamenti tal-2012 li jemendaw l-Għaxar Skeda li tinsab mal-Att dwar it-Taxxa fuq il-Valur Miżjud

Reg. 13 — 421 tal-2012 – Regolamenti tal-2012 li jemendaw l-Għaxar Skeda li tinsab mal-Att dwar it-Taxxa fuq il-Valur Miżjud Open official source

Where a tax invoice indicates the words "Cash

Accounting", the right of deduction of input tax, if applicable,

shall arise when the payment of the tax is made to the supplier.".

€0.09

421 tal-2012

Statutory Text (4 Articles)

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