அதிகாரப்பூர்வ மொழிபெயர்ப்புDepartment of Government Printing-இலிருந்து, மாற்றமின்றி
Section 2 of the Value Added Tax Act, No. 14 of 2002
(hereinafter in this Act referred to as the “principal enactment”) is hereby amended, in sub-paragraph (v) of subsection (1) of that section as follows: -
(1)
by the substitution in item (vii), for the words and figures “at the rate of twelve per centum (of which the tax fraction is 3/28); and”, of the words and figures “at the rate of twelve per centum (of which the tax fraction is 3/28);”;
(2)
by the substitution in item (viii), for the words and figures “for any taxable period commencing on or after October 1, 2022 at the rate of fifteen per centum
(of which the tax fraction is 3/23).”, of the words and figures “for any taxable period commencing on or after October 1, 2022 but ending on December 31, 2023 at the rate of fifteen per centum (of which the tax fraction is 3/23); and”; and
(3)
by the addition immediately after the item (viii) of the following new item:-
“(ix)
for any taxable period commencing on or after January 1, 2024 at the rate of eighteen per centum (of which the tax fraction is 9/59).”.