Regulations, 2019

L.N. 252 of 2019

VALUE ADDED TAX ACT

(CAP. 406)

Value Added Tax Act (Amendment of Eleventh Schedule)

Regulations, 2019

IN EXERCISE of the powers conferred by articles 48 and 75 of

the Value Added Tax Act, the Minister for Finance, has made the

following regulations:-

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

Act (Amendment of Eleventh Schedule) Regulations, 2019 and these

commencement.

regulations shall be read and construed as one with the Eleventh

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

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

(2) These regulations shall bring into force the provisions of

Article 1 of Council Directive (EU) 2018/1910 of the 4 th December

2018 amending Directive 2006/112/EC as regards the harmonization

and simplification of certain rules in the value added tax system for the

taxation of trade between Member States.

These regulations shall come into force, on the 1 st January

(3)

2020.

In paragraph (j) of sub-item (1) of item 1 of the Eleventh

Schedule, the words "services supplied." shall be substituted by the

words "servies supplied;" and immediately thereafter, there shall be

added the following new paragraph (k)

"(k) (i) a register of goods transferred under the call-off

stock arrangements referred to in item 17A of the Second

Schedule that permits the Commissioner to verify the correct

application of the rules in terms of the provisions of the said item

17A of the Second Schedule; and

(ii) a register of those goods supplied to him under

the call-off stock arrangements referred to in item 17A of

the Second Schedule.".

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