VAT Returns

Who is required to lodge a VAT Return?

Every taxable person is required to lodge a tax return for each tax period with the Commissioner within fifteen (15) days after the end of the period.

A tax return is required to–

(a) be in the form prescribed by the Commissioner;
(b) state the information necessary to calculate the tax payable in accordance with Section 23 for the period; and
(c) be lodged in the manner prescribed by the Commissioner.

 

 Challenging the decision on filing of VAT Returns

A person dissatisfied with a decision of the Commissioner under subsection (3) may challenge the decision only under Part X.  However, upon application in writing by a person, the Commissioner may, where good cause is shown by the person, extend the period within which a return under Section 31 is to be lodged. The granting of an extension of time under subsection (1) does not alter the due date for payment of tax under Section 42.

 

Assessment

 Where–

(a) a person fails to lodge a return as required by section 31 or fails to furnish an import declaration as required by section 22(1) or (2);

(b) the Commissioner is not satisfied with a return or import declaration furnished by a person;

(c) the Commissioner has reason to believe that a person will become liable for the payment of an amount of tax but is unlikely to pay such amount;

(d) a person, other than a taxable person, supplies goods or services and represents that tax is charged on the supply;

(e) a taxable person supplies goods or services and the supply is not a taxable supply or is a taxable supply charged with tax at the rate of zero percent and, in either case, the taxable person represents that a positive rate of tax is charged on the supply; or

(f) the Commissioner has determined the liability of any person under section 91(2), the Commissioner may make an assessment of the amount of tax payable by the person or of the amount of tax represented by the person as payable in respect of a supply.

The Commissioner may make an assessment of the amount of tax payable by the person or of the amount of tax represented by the person as payable in respect of a supply.

 Download the VAT Return Form HERE

For additional information refer to the VAT Act No. 10 of 2005