Value Added Tax (Amendment) Act, 2015

A company that deals only in exempt supplies cannot be treated as part of a recognised group.

Jurisdiction: Zambia
Instrument: Act or statute
Citation: Act 17 of 2015
Version: Undated source snapshot
Language: en
Official source: View official record ↗

cash registers group treatment information disclosure offences penalties sales recording sales recordkeeping tax compliance value added tax

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A company that deals only in exempt supplies cannot be treated as part of a recognised group. This section amends the principal Act by inserting a new section about prohibiting publication or disclosure of information to unauthorised persons. An authorised officer or other person must not disclose certain information about a person under the Act without the Commissioner-General’s written consent, except in the course of duties. This section amends the principal Act by inserting a new section called “Fiscal cash register” after section 42. Taxable suppliers must use a fiscal cash register to record daily sales, unless the Commissioner-General approves another document, device, or equipment for certain categories.

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Provisions of Value Added Tax (Amendment) Act, 2015

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3
Section.five of the principal Act is amended by the insertion,
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A company that deals only in exempt supplies cannot be treated as part of a recognised group.

3. Section.five of the principal Act is amended by the insertion, immediately after subsection (8), of the following new subsection: (9) For the purposes of this section, a company that deals only in exempt supplies is not eligible to be treated as part of a recognised group. , Amendment of section S Copies of this Act may be obtained from the Government Printer, P. 0. Box 30136, 10101 Lusaka. PriceK2.00each ' • 428 No. 17 of 2015] Value Added Tax (Amendment) Insertion of section 37 A
4
The principal Act is amended by the insertion, immediately
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This section amends the principal Act by inserting a new section about prohibiting publication or disclosure of information to unauthorised persons.

4. The principal Act is amended by the insertion, immediately after section thirty-seven, of the following new section: Prohibition of publication or disclosureof information to unauthorised persons
37A
(!) An authorised officer or other person shall
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An authorised officer or other person must not disclose certain information about a person under the Act without the Commissioner-General’s written consent, except in the course of duties.

37A. (!) An authorised officer or other person shall not, without the consent in writing given by the Commissioner-General, publish or disclose to an unauthorised person, otherwise than in the course of duties of that officer or person under this Act, information regarding the affairs of a person under this Act. (2) A person who contravenes subsection (I) commits an offence and is liable, upon conviction, to a fine not exceeding two hundred thousand penalty units or to imprisonment for a term not exceeding two years, or to both. Insertion of section 42A
5
The principal Act is amended by the insertion, immediately
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This section amends the principal Act by inserting a new section called “Fiscal cash register” after section 42.

5. The principal Act is amended by the insertion, immediately after section forty-two, of the following new section: Fiscal cash register
42A
Section 42A
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Taxable suppliers must use a fiscal cash register to record daily sales, unless the Commissioner-General approves another document, device, or equipment for certain categories.

42A. (I) Subject to subsection (2), a taxable supplier shall use a fiscal cash register to record daily sales. (2) Despite subsection (!), the Commissioner-General may approve the use of a document, device or equipment other than a fiscal cash register for certain categories of taxable suppliers. (3) A taxable supplier that contravenes this section commits an offence and is liable, upon conviction, in the case of- (a) a first offence, to a penalty not exceeding thirty thousand penalty units; (b) a second offence, to a penalty not exceeding sixty thousand penalty units; or Amendment of section 51 (c) a third or subsequent offence, to a penalty not exceeding ninety thousand penalty units.
6
Section fifty-one of the principal Act is amended by the
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This section amends section 51 of the principal Act by replacing paragraph (h) with wording about using fiscal cash registers or other equipment to record daily sales.

6. Section fifty-one of the principal Act is amended by the deletion of paragraph (h) in subsection (2) and substitution therefor of the following: (h) the use of fiscal cash registers or other equipment in recording daily sales. Amendment of Third Schedule

Part

Schedule

7
The Third Schedule to the principal Act is amended by the
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The Third Schedule to the principal Act is amended by deleting paragraph (4) and renumbering later paragraphs.

7. The Third Schedule to the principal Act is amended by the deletion of paragraph (4) and the renumbering of paragraphs (5), (6), (7), (8), (9) and (10) as (4), (5), (6), (7), (8) and (9) respectively.

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Value Added Tax (Amendment) Act, 2015

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Provisions of Value Added Tax (Amendment) Act, 2015

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