Value Added Tax (Amendment) Act, 2018 Act 970

VALUE ADDED TAX (AMENDMENT) ACT, 2018 (ACT 970)
ARRANGEMENT OF SECTION
Section
1. Section 3 of Act 870 amended
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ACT 970
REPUBLIC OF GHANA
THE NINE HUNDRED AND SEVENTIETH
ACT OF THE PARLIAMENT OF THE REPUBLIC OF GHANA
ENTITLED
VALUE ADDED TAX (AMENDMENT) ACT, 2018
AN ACT to amend the Value Added Tax Act, 2013 (Act 870) to revise the Value Added Tax
rate to twelve and a half percent and to provide for related matters.
DATE OF ASSENT: 31st July, 2018.
PASSED by Parliament and assented to by the President:
Section 1—Section 3 of Act 870 amended
The Value Added Tax Act, 2013 (Act 870), is amended in section 3 by the substitution for
subsection (1) of
"Rate of Tax
(1) Except as otherwise provided in this Act, the rate of the tax is twelve and a half percent and
is calculated on
(a) the value of the taxable supply of the goods or services; or
(b) the value of the import.".
Date of Gazette Notification: 1st August, 2018.
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