Cap. 406 Art. 49Inclusion of tax in the price for supplies.

(1) Where any person registered or required to be registered in accordance with this Act, indicates the price or consideration payable for goods or services which shall be supplied to any other person, such price or consideration shall be deemed to be inclusive of any tax chargeable under this Act.

(2) Notwithstanding the provisions of sub-article (1), where:

(a) the tax chargeable in accordance with this Act cannot be determined at the time the price or consideration payable for a supply is indicated; or

(b) the supply is made to another person who identifies himself for the purpose of that supply by means of a valid value added tax identification number, and it is specifically and unequivocally indicated that such price or consideration payable excludes the tax chargeable under this Act, such price or consideration shall be deemed to be exclusive of any tax chargeable under this Act.