VAT Rate Increases
06/02/1991
Query
Whether an increase in the VAT rate could be deferred.
Decision
The application of an increased VAT rate was deferred for two months in the case of residential customers and one month in case of non-residential customers, given the difficulty of distinguishing between customers and charges attracting different rates.
Value Added Tax
Section 11, Value Added Tax Act, 1972
Origin: Indirect Taxes Policy and Legislation
File ref:A/272 (A)