The Value Added Tax (Amendment) Act, 2021

An Act to amend the Value Added Tax Act. [30th December, 2021
ENACTED by the Parliament of Zambia. 1. (1) This Act may be cited as the Value Added Tax
(Amendment) Act, 2021, 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 2022. 2. Section 7 of the principal Act is amended by the deletion of
subsection (5) and the substitution therefor of the following:
(5) A taxable supplier who fails to issue a tax invoice
commits an offence and is liable, on conviction, in the case
of a —
(a) first offence, to a penalty not exceeding one hundred
thousand penalty units;
(b) second offence, to a penalty not exceeding two
hundred thousand penalty units; and
(c) third or subsequent offence, to a penalty not
exceeding three hundred thousand penalty units,or
to imprisonment for a term not exceeding three
years, or to both. 3.

quent offence, to a penalty not
exceeding three hundred thousand penalty units,or
to imprisonment for a term not exceeding three
years, or to both. 3.

Section 7A of the principal Act is amended —
(a) in subsection (1), by the deletion of the words “daily sales”
and the substitution therefor of the words “each sale or
transaction”; and
(b) by the deletion of subsection (3) and the substitution
therefor of the following:
Enactment
Cap. 331
Amendment
of section 7
Amendment
of section
7A
[No. 44 of 2021 549
Value Added Tax
(Amendment)
Short title
and
commencement
GOVERNMENT OF ZAMBIA
ACT
No. 44 of 2021
Date of Assent: 29th December, 2021

(3) A taxable supplier that contravenes this section
commits an offence and is liable, on conviction, in
the case of a—
(a) first offence, to a penalty not exceeding one
hundred thousand penalty units;
(b) second offence, to a penalty not exceeding two
hundred thousand penalty units; and
(c) third or subsequent offence, to a penalty not
exceeding three hundred thousand penalty units,
or to imprisonment for a term not exceeding
three years, or to both.
4. Section 18 (3)(c) of the principal Act is amended by the
deletion of the word “or” and the substitution therefor of the
word “and”.
550 No. 44 of 2021] Value Added Tax
(Amendment)
Amendment of
section 18