Value Added Tax Act (Cap. 406), article 36

36. Where an assessment is made on any person any amount of tax, deductions or administrative penalty assessed in that assessment shall, except if and to the extent that the assessment is cancelled or revised, be deemed for any of the purposes of this Act to be and to have always been the tax, the deductions and the administrative penalty properly due and allowable with respect to the tax period or the transactions to which that assessment refers. Administrative penalty for incorrect tax return. Amended by: X. 2003.20; XIII. 2005.45; L.N. 426 of 2007; L.N. 105 of 2008; II. 2009.42.