Page 440 - Juta's Indirect Tax

IN 56 (2) VaLue-added tax act: InterPretatIOn nOtes IN 56 (2)
5.2 provide to the supplier a recipient-created tax invoice, credit and debit note within the periods stipulated in the VAT Act; and
5.3 retain a copy of the recipient-created tax invoice, credit and debit note.
6. The supplier hereby undertakes not to issue any tax invoice, credit and debit note for taxable supplies falling
within this agreement and further acknowledges that in the event that a tax invoice, credit and debit note is issued by the supplier, it shall be deemed not to be a tax invoice, credit and debit note for the purposes of the Value- Added Tax Act, No. 89 of 1991.
7. The recipient and the supplier undertake to notify each other if either party – 7.1 ceases to be a vendor;
7.2 changes its VAT registration number;
7.3 supplies its enterprise, or part of its enterprise; or
7.4 materially changes its enterprise that could affect this agreement.
Address of Recipient ______________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________
Address of Supplier________________________________________________________________________ ________________________________________________________________________________________ ________________________________________________________________________________________
signed in ________________ on this _____ day of ________________ 20__.
___________________
___________________ Date
___________________ Witness of Recipient
___________________ Date
____________________ Recipient’s Signature Supplier’s Signature
____________________ Date
____________________ Witness of Supplier
____________________ Date
432 Juta’s IndIrect tax 2016