The Value Added Tax (Amendment) Act, 2018

An Act to amend the Value Added Tax Act. [26th December, 2018
ENACTED by the Parliament of Zambia. 1. (1) This Act may be cited as the Value Added Tax
(Amendment) Act, 2018, and shall be read as one with the Value
Added Tax Act, in this Act referred to as the principal Act. (2) This Act shall come into operation on 1st January, 2019. 2.

ead as one with the Value
Added Tax Act, in this Act referred to as the principal Act. (2) This Act shall come into operation on 1st January, 2019. 2.

Section 2 of the principal Act is amended by the—
(a) deletion of the definition of “fiscal cash register”; and
(b) insertion of the following definitions in the appropriate
places:
“electronic fiscal device” means an electronic device,
approved by the Commissioner-General, which
has a fiscal memory capable of generating and
storing fiscal information and has the capacity
to generate or record tax invoices and other
reports and is capable of transmitting invoice
data in real time to the tax invoice management
system of theAuthority, and includes a fiscalised
electronic register, an electronic fiscal printer
and an electronic signature device;
“electronic fiscal printer” means an electronic device,
approved by the Commissioner-General, which
is capable of being connected to a point of sale
device to enable it to capture information for
tax purposes and printing invoices or other fiscal
information and allow the transmission of the
transaction data to the Authority;
Enactment
Short title
and
Commence-
ment
Cap. 331
Amendment
of section 2
Value Added Tax (Amendment) [No. 15 of 2018 313
GOVERNMENT OF ZAMBIA
ACT
No.

Enactment
Short title
and
Commence-
ment
Cap. 331
Amendment
of section 2
Value Added Tax (Amendment) [No. 15 of 2018 313
GOVERNMENT OF ZAMBIA
ACT
No.

15 of 2018
Date of Assent: 23rd December, 2018
Single copies of this Act may be obtained from the Government Printer,
P.O. Box 30136, 10101 Lusaka, Price K8.00 each.

of Assent: 23rd December, 2018
Single copies of this Act may be obtained from the Government Printer,
P.O. Box 30136, 10101 Lusaka, Price K8.00 each.

“electronic signature device” means an electronic
device, approved by the Commissioner-General,
which assigns a unique electronic signature and
invoice number to a transaction issued by a point
of sale or related system and is capable of
transmitting the transactions to the Authority in
real time;
“fiscal memory” means a programmable read-only
memory permanently built into a fiscalised
electronic register or device to store tax
information at the time of sale and is only
accessed by the Authority or an authorised
person; and
“fiscalised electronic register” means an electronic
device, approved by the Commissioner-General,
which has a fiscal memory to record and
calculate transactions for purposes of tax at a
point of sale and secures the transactions against
unauthorised manipulation and deletion and is
capable of transmitting the transactions in real
time or, where transactions cannot be
transmitted in real time, in batches to the invoice
management system of the Authority;
3.

transactions in real
time or, where transactions cannot be
transmitted in real time, in batches to the invoice
management system of the Authority;
3.

Section 10 of the principal Act is amended by the insertion
of the following new subsection immediately after subsection (7):
(8) For the purposes of this Act, the taxable value—
(a) where a cash discount is granted, means the value of the
tax ascertainable based on the undiscounted cash value;
and
(b) where a trade discount is granted, means the value of the
tax ascertainable based on the discounted price. 4. The principal Act is amended by the insertion of the following
new section immediately after section 46:
46A. Where an offence under this Act is committed by a
body corporate or a body unincorporate, with the knowledge,
consent or connivance of the director, manager, partner or
shareholder of that body corporate or unincorporate body, that
director, manager, partner or shareholder commits an offence
and is liable, on conviction, to the penalty or term of
imprisonment specified for that offence. Value Added Tax (Amendment)314 No. 15 of 2018]
Amendment
of section 10
Insertion of
new section
46A
Offences by
principal
officers,
partners or
shareholders
of bodies
corporate or
bodies
unincorporate

ndment
of section 10
Insertion of
new section
46A
Offences by
principal
officers,
partners or
shareholders
of bodies
corporate or
bodies
unincorporate

Value Added Tax (Amendment) [No. 15 of 2018 315
5. The principal Act is amended by the deletion of the words
“fiscal cash register” wherever they appear and the substitution
therefor of the words “electronic fiscal device”.
General
amendment

316