Sales Tax Act 1972 (Act 64)
PART VIII - COLLECTION, RECOVERY, DRAWBACK, REFUND AND REMISSION



Section 22. When taxes become due and payable.


(1) The sales tax chargeable under section 6 (a) shall be due at the time the taxable goods are sold, disposed of otherwise than by sale or first used otherwise than as material in the manufacture of taxable goods, by the taxable person.

(2) Any sales tax chargeable under section 6 (a) which falls due during any taxable period shall be payable within twenty-eight days from the expiration of that taxable period.

(3) Any sales tax chargeable under section 6 (b) shall be due and payable-

    (a) in the case of goods cleared for home consumption directly at the port of importation, or goods entered for removal to an inland station, and there cleared for home consumption, at the time of final Customs clearance;

    (b) in the case of goods removed to a customs warehouse or a licensed warehouse subsequent to importation, at the time of final clearance from such warehouse for home consumption.

[Ins. Act 293:s.49]
(4) Where any taxable person who ceases to carry on business as a manufacturer is succeeded in such business by a person who-

    (a) purchases from him any stock of taxable goods which is on hand at the date of cessation, or

    (b) acquires such stock as a trustee, or receiver, or liquidator or donee, or beneficiary on the decease of such taxable person,

    no sales tax shall be due on such purchase or acquisition, but such person shall be deemed to be a taxable person and required to be licensed under section 13 in relation to such goods for the purposes of this Act.
(5) Where any taxable person who ceases to carry on business as a manufacturer has in stock any taxable goods on which sales tax has not been paid and where subsection (4) does not apply, such person shall include particulars of those goods in the return to be furnished by him for his last taxable period as if such goods had been sold by him during such taxable period, and he shall pay sales tax thereon accordingly.


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