- 4 Marks
Question
An application for a voluntary VAT registration may be denied the opportunity to register for VAT although the Value Added Tax Act, 2013 (Act 870) makes provision for voluntary VAT registration.
Required:
State the conditions under which an application for voluntary VAT registration may be denied.
Answer
The Commissioner-General may refuse to register a person for VAT on the following grounds:
- The person has no fixed place of abode or business (principal place of business is unknown).
- The person will not keep proper accounting records relating to any business activity carried on by that person.
- The person will not submit regular and reliable tax returns as required by or under the Act.
- The person is not a fit and proper person to be registered.
- Tags: Conditions for Denial, Tax law, VAT Registration, Voluntary VAT
- Level: Level 2
- Topic: Value-Added Tax (VAT), Customs, and Excise Duties
- Series: MAR 2023
- Uploader: Joseph