Transcription of INTERPRETATION NOTE: NO. 49 (ISSUE 2) ACT : …
{{id}} {{{paragraph}}}
Example: bankruptcy
INTERPRETATION NOTE: NO. 49 (ISSUE 2) ACT : …
INTERPRETATION NOTE: NO. 49 (ISSUE 2) DATE : 13 March 2013 ACT : VALUE-ADDED TAX ACT NO. 89 OF 1991 (the VAT Act) SECTION : SECTION 1(1), DEFINITION OF THE TERM INPUT TAX READ WITH SECTIONS 16(2) AND 16(3) SUBJECT : documentary PROOF REQUIRED IN TERMS OF SECTION 16(2) TO SUBSTANTIATE A VENDOR S ENTITLEMENT TO INPUT TAX OR A DEDUCTION AS CONTEMPLATED IN SECTION 16(3) 1. Purpose This Note provides guidelines on the documentary proof that must be obtained and retained under section 16(2) to substantiate a vendor s entitlement to input tax as defined in section 1(1), or a deduction as contemplated in section 16(3)(c) to (n).
DOCUMENTARY PROOF REQUIRED . A ; Goods and services acquired under a taxable supply [s 16(3)(a)(i)] Tax invoice. 5. B . Second …
Loading..
Tags:
Information
Domain:
Source:
Link to this page:
Please notify us if you found a problem with this document: