SI 2019-277 Value Added Tax (Unbeneficiated Hides Export) (Amendment) Regulations, 2019 (No. 1)

IT is hereby notified that the Minister of Finance and Economic Development has, in terms of section 78 as read with section 12C of the Value Added Tax Act [Chapter 23:12], made the following regulations:—
1. These regulations may be cited as the Value Added Tax (Unbeneficiated Hides Export) (Amendment) Regulations, 2019 (No. 1).
2. The Customs and Excise Value Added Tax (Unbeneficiated Hides Export) Regulations, 2018, published in Statutory Instrument 274 of 2018, are amended as follows—
(a) by the deletion of section 3(3) and substitution with the following—
“(3) These regulations shall only apply to excess stockpile for a period of two years with effect from 1st January, 2020, on an annual basis.”;
(b) by deleting the Schedule to the regulations and substituting it with the following:—

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