Measure

A 15% value-added tax is applied to taxable supplies and imports, with specific payment responsibilities for suppliers, importers, and service recipients, and certain exemptions for export processing zones.

According to Value-Added Tax Act 10 of 2000 - Section 6.

(1) Subject to this Act, there shall be levied and paid, for the benefit of the State Revenue Fund, a tax (to be known as the value-added tax) -

(a) on every taxable supply by a registered person; and

(b) on every import of goods or import of services, other than an exempt import, calculated at the rate of 15 per cent on the value of the supply or import.

(2) Except as otherwise provided in this Act, the tax payable under subsection (1) shall -

(a) in the case of a supply to which subsection (1)(a) applies, be accounted for by the registered person making the supply; or

(b) in the case of an import of goods, be paid by the importer; or

(c) in the case of an import of services, be paid by the recipient of the services.

(3) An activity chargeable with tax under both paragraphs (a) and (b) of subsection (1) shall be deemed to be a supply chargeable under paragraph (a) of that subsection.

(4) Subsection (1)(a) shall not apply to a taxable supply of goods or services within an export processing zone by an export processing zone enterprise of a person or an export processing zone management company to the extent prescribed by the Minister by regulation.