PUBLIC NOTICE
REGISTRATION FOR VALUE ADDED TAX
THE VAT SERVICE WISHES TO REMIND ALL BUSINESSES OF THEIR OBLIGATION UNDER SECTION 5 OF THE VALUE ADDED TAX LAW 1998, (ACT 546) WHICH ENJOINS ALL TAXABLE PERSONS TO REGISTER FOR VAT.
PLEASE BE FURTHER INFORMED THAT THE NEW AMENDMENT ACT 2008 (ACT 765) HAS EXPANDED THE LEGAL OPTIONS AVAILABLE TO THE COMMISSIONER IN DEALING WITH FAILURE TO REGISTER AS ENSHRINED IN SECTION 68 OF THE PARENT ACT AS FOLLOWS:
a) THE COMMISSIONER MAY NOTIFY AND DIRECT THE PERSON IN WRITING TO APPLY TO BE REGISTERED WITHIN THIRTY DAYS AFTER THE SERVICE OF NOTICE.
b) THE COMMISSIONER MAY THEN ISSUE A WARRANT TO LOCK UP OR SEAL OFF THE BUSINESS PREMISES OF A TAXABLE PERSON WHO DEFIES THE NOTICE UNTIL THE PERSON APPLIES FOR REGISTRATION.
IN LINE WITH THE ABOVE THEREFORE, THE VAT SERVICE WISHES TO REQUEST ALL REGISTRABLE BUSINESSES TO APPLY FOR REGISTRATION VOLUNTARILY WITHIN 30 DAYS OF THIS NOTICE OR FACE THE FULL RIGOURS OF THE LAW.
FOR FURTHER INFORMATION PLEASE CALL: 021-610030-3 OR TOLL FREE NUMBER 0800-10017 OR EMAIL US ON info@vats.gov.gh |