Date of promulgation:
STATUTORY INSTRUMENTS 2005 No. 51.
THE VALUE ADDED TAX (RATE OF TAX) ORDER, 2005.
ARRANGEMENT OF RULES
Rules
- Title.
- Commencement.
- Rate of tax.
- Rate of tax not to apply to zero-rated goods.
STATUTORY INSTRUMENTS 2005 No. 51.
The Value Added Tax (Rate of Tax) Order, 2005.
Under section 78 (2) of the Value Added Tax Act, Cap.349)
In exercise of the powers conferred upon the Minister by section 78 (2) of the Value Added Tax Act, this Order is made this 8th day of June, 2005.
- Title
This Order may be cited as the Value Added Tax (Rate of Tax) Order, 2005.
- Commence-ment
This Order shall come into force on 1st July, 2005.
- Rate of tax
The rate of tax for—
- every taxable supply made in Uganda by a taxable person;
- every import of goods other than an exempt import; and
- the supply of any imported services by any person,
is 18% of the taxable value as defined in sections 21 and 23 of the Act.
- Rate of tax not to apply to zero-rated goods
The rate of tax prescribed in paragraph 3 does not apply to taxable supplies specified in the Third Schedule of the Act, relating to zero-rated supplies.
DR. E. SURUMA,
Minister of Finance, Planning and Economic Development.