Value Added Tax Act (Cap. 406), article 39

39. (1) Any person who, being required to apply for registration under article 10, does not make such an applicatio n within the time laid down in the relevant provisions of this Ac t shall be liable to an administrative penalty in an amount equiv alent to the higher of - (a) one per cent of the excess, if any, of the output tax over the deductions for the first tax period following the registration; and (b) twenty euro (€20), for every month or part thereof that elapses from the date on w hich the application should have been made and the earlier of the da te on which the application registration is furnished to the Commissi oner and the date when that person is registered by the Commissioner : Provided that where the excess, if any, of the output tax over the deductions for the first tax period following registration is two thousand euro (€2,000) or less, such administrative penalty sha ll not exceed two hundred and fifty euro (€250), and where the excess of the output tax over the deductions for the first tax period followi ng registration is more than two thousand euro (€2,000) such administrative penalty shall not exceed twenty per cent of such excess. ( 2 ) A n y p e r s o n w h o , b e i n g r e q u i r e d t o a p p l y f o r r e g i s t r a t i o n under article 12, does not make such an application within the time laid down in the relevant provisions of this Act shall be liabl e to an administrative penalty of the higher of - (a) o n e p e r c e n t o f t h e t a x c h a r g e a b l e o n t h e i n t r a - community acquisitions or the services received or both such intra-community acquisitions and services received, in respect of which he is required to make such application; and (b) twenty euro (€20), for every month or part thereof that elapses from the date on w hich the application should have been made and the earlier of the da te on which the application is furnished to the Commissioner and the date when that person is registered by the Commissioner: Provided that where the tax chargeable on the intra- community acquisitions or the services received or both such in tra- community acquisitions and servi ces received, in respect of whi ch that person is required to make such application is two thousand eur o (€2,000) or less, such administr ative penalty shall not exceed two hundred and fifty euro (€250), and where the tax chargeable on the intra-community acquisitions or the services received or both s uch intra-community acquisitions and services received, in respect of which that person is required to make such application is more than VALUE ADDED TAX [CAP. 406. 33 two thousand euro (€2,000) such administrative penalty shall no t exceed twenty per cent of such tax chargeable. (3) Any person who, being required to give notice or provide information under articles 13 or 15, does not give that notice or information within the time stipulated in the relevant provisio ns of this Act shall be liable to an administrative penalty of twenty euro (€20) for every month or part ther eof that elapses from the dat e on which the notice or informati on should have been given in accordance with those articles and the date when such notice or information is given to the Commissioner: Provided that such administrative penalty shall in no case exceed two hundred and fifty euro (€250) for each such notice o r information. Administrative penalty for default by person registered under article 11. Amended by: X. 2003.23; XIII. 2005.48; L.N. 426 of 2007; L.N. 105 of 2008; II. 2009.45.