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Frequently Asked Questions on VAT

Last updated on 26 July, 2018


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What if an invoice has not been issued or payment has not been received within 12 months after the supply commenced?

In this case, the supply will be considered to have been made on the day following 12 months after the latest of the following dates:

  • The date of commencement of the continuous supply
  • The date of issuing the last invoice 
  • The date of issuing the receipt of the last payment for the goods and services supplied
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