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    Mauritius Revenue Authority Value Added Tax Guide Leaflet No.6 Submission of Returns and Payment of VAT

    Uploaded by

    Ankush Busawah
    This document provides guidelines on submitting VAT returns and paying VAT in Mauritius. It outlines that VAT registered persons must submit either monthly or quarterly returns depending on their annual turnover. Returns must be submitted electronically or manually by the due date, which is 1 month from the tax period end for electronic returns and 20 days for manual returns. It also details penalties for late submission or payment including interest of 1% per month on unpaid tax.

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    Mauritius Revenue Authority Value Added Tax Guide Leaflet No.6 Submission of Returns and Payment of VAT

    Uploaded by

    Ankush Busawah
    71 views7 pages
    This document provides guidelines on submitting VAT returns and paying VAT in Mauritius. It outlines that VAT registered persons must submit either monthly or quarterly returns depending on their annual turnover. Returns must be submitted electronically or manually by the due date, which is 1 month from the tax period end for electronic returns and 20 days for manual returns. It also details penalties for late submission or payment including interest of 1% per month on unpaid tax.

    Original Description:

    VATLeaflet 6-311214

    Original Title

    VATLeaflet6-311214

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    This document provides guidelines on submitting VAT returns and paying VAT in Mauritius. It outlines that VAT registered persons must submit either monthly or quarterly returns depending on their annual turnover. Returns must be submitted electronically or manually by the due date, which is 1 month from the tax period end for electronic returns and 20 days for manual returns. It also details penalties for late submission or payment including interest of 1% per month on unpaid tax.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    71 views7 pages

    Mauritius Revenue Authority Value Added Tax Guide Leaflet No.6 Submission of Returns and Payment of VAT

    Uploaded by

    Ankush Busawah
    This document provides guidelines on submitting VAT returns and paying VAT in Mauritius. It outlines that VAT registered persons must submit either monthly or quarterly returns depending on their annual turnover. Returns must be submitted electronically or manually by the due date, which is 1 month from the tax period end for electronic returns and 20 days for manual returns. It also details penalties for late submission or payment including interest of 1% per month on unpaid tax.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    of 7

    Mauritius Revenue Authority

    Value Added Tax Guide

    Leaflet No.6

    Submission of returns and payment of VAT


    Contents
    Foreword

    Submission of VAT returns and payment of VAT

    1. Submission of VAT returns


    2. Due date f or submission of returns
    3. Payable, excess and NIL returns
    4. Mode of submission of VAT returns
    5. Payment of VAT
    6. VAT registered persons in Rodrigues
    7. Penalty and interest
    1. Foreword

    The purpose of this leaflet is to help VAT registered persons understand their legal
    obligations regarding the submission of VAT returns and payment of tax. The
    provisions of the law on interest and penalty as well as the steps that have to be
    taken to avoid such charges are also explained. This leaflet is for information only.
    For the legal provisions, you may consult the Value Added Tax Legislation.

    The law relating to VAT is contained in the Value Added Tax Act and the value
    added tax regulations 1998 as subsequently amended, and are available on the
    website of the MRA.

    Further information may be obtained from,


    Taxpayer Education and Communication Department
    Mauritius Revenue Authority
    Ground floor, Ehram court
    Cnr Mgr Gonin & Sir V.Naz Streets
    Port Louis
    Tel: 2076000 Fax 211 8099
    Hotline: 207 60 10
    Email : headoffice@mra.mu
    Website : http://www.mra.mu
    Submission of VAT returns and payment of VAT

    1. Submission of VAT returns


    A VAT registered person whose annual turnover of taxable supplies exceeds
    Rs 10 million has to submit monthly VAT returns.
    Where the annual turnover does not exceed Rs 10 million, he has to submit
    quarterly returns. The quarters end on 31 March, 30 June, 30 September and
    31 December.
    However, where the annual turnover of taxable supplies does not exceed Rs
    10 million, a registered person may by irrevocable notice in writing to the
    Director General elect to submit his returns monthly.

    2. Due date for submission of returns


    A non-electronic (manual) return has to be submitted within 20 days from
    the end of the month or quarter to which it relates where the return is
    submitted electronically the due date is extended to one month from the end
    of the taxable period to which it relates.
    Where the last day for the submission of a VAT return falls on a Saturday,
    Sunday or public holiday, the VAT return may be submitted on the
    following day that is not a Saturday, Sunday or public holiday.
    The return has to reach the Mauritius Revenue Authority by the due date.
    Where the return is sent by post, the date of the postmark is not considered
    as the date on which the return is submitted.

    3. Payable, Excess and NIL returns


    Where the output tax exceeds the input tax, the difference representing VAT
    payable has to be paid at the time the return is submitted.
    Where the input tax exceeds the output tax, the excess amount is carried
    forward to the next return, unless the VAT registered person is eligible to a
    claim for repayment.
    Where neither supplies nor purchases have been made during a taxable
    period, a Nil return has to be submitted.
    4. Mode of submission of VAT returns
    4.1A VAT registered person may submit returns either
    - On the approved form (VAT3)
    or
    - Electronically in the approved format.

    4.2Obligation to submit electronic return


    A VAT registered person who is required to submit PAYE returns
    electronically, that is an entity which has 50 or more employees is required
    to submit VAT returns electronically.
    In order to submit electronic returns, the VAT registered person has to apply
    for the approval of his computer system on a form obtainable at the Service
    Counter of the MRA or downloadable from MRA’s website. Upon approval,
    he has to submit electronic returns as from the taxable period mentioned in
    the letter of notification.
    Where a registered person submits his return electronically, he must submit
    a summary of taxable supplies made to persons, other than a final consumer.

    5. Payment of VAT
    In the case of non-electronic return, payments may be made by cash or by
    cheque.
    For an electronic return, instructions have to be given to the bank at the time
    the return is sent, for the electronic transfer of the appropriate amount by the
    due date.

    6. VAT registered persons in Rodrigues.


    VAT registered persons in Rodrigues should pay their tax into the bank
    account in the name of the Director General Mauritius Revenue Authority
    with the State Bank of Mauritius Ltd in Port Mathurin, Rodrigues. The
    original of the paying in slip has to be forwarded to the MRA together with
    the return (VAT3). An advance copy of the return and the paying in slip
    should be sent by fax on or before the due date.
    7. Penalty and interest

    7.1Penalty for failure to join electronic system


    Any registered person who is required to submit his return and make any
    payment of tax due electronically but fails to join the electronic system shall
    be liable to a penalty of Rs 5000 for every month or part of a month up to
    the taxable period immediately preceding the taxable period in respect of
    which the return is submitted electronically up to a maximum penalty of Rs
    50 000.

    7.2Penalty for non-submission of return by due date.


    A VAT registered person who submits his return after the due date has to
    pay a penalty Rs 2000 rupees for every month or part of the month until the
    return for that taxable period is submitted, subject to a maximum penalty of
    Rs 20 000.

    7.3Penalty for late payment of tax


    Where a person fails to pay tax on the due date, he has to pay, in addition to
    the tax a penalty of 5 per cent of the tax.

    7.4Interest on unpaid tax


    Interest at the rate of 1 per cent per month or part of the month is payable on
    any tax unpaid from the date the tax remained unpaid up to the date of
    payment.

    7.5Invalid or dishonoured cheque


    In the case of an invalid cheque or a cheque which is subsequently
    dishonoured, penalty and interest are likewise payable.

    7.6How to avoid any penalty and interest


    In order to avoid these additional charges, a VAT registered person should
    take necessary steps to ensure that-
    a. The following particulars are properly indicated on his VAT return-
    - His own VAT Registration Number
    - Name and
    - Taxable period
    b. The return reaches the MRA on or before the last day on which it is
    required to be submitted, unless this day falls on a public holiday,
    Saturday or Sunday, in which case the return may be submitted on the
    next working day.
    c. Any payable return is accompanied by the appropriate payment.
    d. Any return submitted on the last day and accompanied by a payment
    reaches the cash office on the same day by 3.30 pm at latest.
    e. In case of payment by cheque:
    - Is not stale or post dated
    - Is drawn in favour of the Director General, MRA and crossed “Account
    payee only”;
    - Is duly signed by the appropriate signatory/ies
    - Is properly drawn (e.g Amount in words and amount in figures do not
    differ etc)
    - Bears full signature of drawer in case of alterations
    f. Any excess/nil return submitted on the last day reaches the MRA on the
    same day by 4.30 pm, at latest.

    8. Submission of awarded returns


    The attention of all taxpayers is drawn to the fact that the VAT act does not
    provide for the submission of “amended” VAT returns.
    Any input and/or output which have not been declared in the relevant period
    to which it relates must be made by way of adjustment at line 11 of the VAT
    return. A statement showing the details therein must be attached to the return
    sent to the MRA.

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