Value Added Tax Act (Cap. 406), article 49

49. (1) Where any person registered or required to be registered in accordance with this Act, indicates the price or consideration payable for goods or services which shall be supp lied to any other person, such price or consideration shall be deemed t o be inclusive of any tax char geable under this Act. (2) Notwithstanding the provisi ons of sub-article (1), where: (a) the tax chargeable in accordance with this Act cannot be determined at the time the price or consideration payable for a supply is indicated; or (b) the supply is made to another person who identifies himself for the purpose of that supply by means of a valid value added tax identification number, and it is specifically and unequivocally indicated that such pr ice or consideration payable excludes th e tax chargeable under this Ac t, such price or consideration shall be deemed to be exclusive of any t ax chargeable under this Act. Tax invoice. Substituted by: X. 2003.27. Amended by: IV . 2011.75; V . 2012.65.