On 25/05/2013,
you requested for the version in force on 25/05/2013
incorporating all amendments published on or before 25/05/2013.
The closest version currently available is that of 31/07/2001.
38.
—(1) Where any person makes any prescribed supply of goods or services to another person and that supply is a taxable supply but not a zero-rated supply, the prescribed supply shall be treated for the purposes of the First Schedule —
(a)
as a taxable supply of that other person (as well as a taxable supply of the person who makes it); and
(b)
in so far as that other person is supplied in connection with the carrying on by him of any business, as a supply made by him in the course or furtherance of that business.
(1A) Nothing in subsection (1)(b) shall require any supply to be disregarded for the purposes of the First Schedule on the grounds that it is a supply of capital assets of that other person’s business.
(2) Where a taxable person makes any prescribed supply of goods or services to a person who —
(a)
is himself a taxable person at the time when the prescribed supply is made; and
(b)
is supplied in connection with the carrying on by him of any business,
it shall be for the person supplied, on the supplier’s behalf, to account for and pay tax on the prescribed supply, and not for the supplier.
(3) So much of this Act and of any written law as has effect for the purposes of, or in connection with, the enforcement of any obligation to account for and pay goods and services tax shall apply for the purposes of this section in relation to any person who is required under subsection (2) to account for and pay any tax as if that tax were tax on a supply made by him.
(4) Section 12(1) to (5) shall not apply for determining when any prescribed supply of goods or services is to be treated as taking place.
(5) In this section, “prescribed supply”, in relation to goods or services, means such supply of —
(a)
goods consisting in or containing any precious or semi-precious metal or stones;
(b)
services relating to, or to anything containing, any precious or semi-precious metal or stones;
(c)
goods or services comprising in or relating to land or any interest in or right over land,
as may be specified or described in regulations made by the Minister.