Object of the Bill
The object of this Bill is to amend the Value Added Tax Act, Cap. 349 to provide for the timelines within which to apply for input tax credit; to provide for the refund of tax for use of electronic receipts or invoice; to impose strict liability for violations under penal tax; to provide tax incentives to investors by exempting certain supplies from value added tax.
Document
0638Value_Added_Tax_(Amendment)_Bill,_2021.pdf
The Value Added Tax (Amendment) Bill, 2021
Sponsored By Hon. Matia Kasaija (Minister of Finance, Planning and Economic Development)
Committee: The Committee on Finance, Planning and Economic Development
Start
First Reading/Committee
Bill is read for the first time and laid on the table on the floor of Parliament
Second Reading
Bill is being discussed for the second time on the floor of parliament.
Third Reading
Parliament agreed and passed the Bill.
Presentation/Waiting Assent
Bill has been presented to the President and awaits assent.
Assented by President
Bill is now an Act of Parliament.
End
Bill passed on 2021-05-29
Bill is now an Act of Parliament.
Bill Withdrawn on