Chestnut Uganda Limited v Uganda Revenue Authority (Application No. TAT 94 of 2019)
Chestnut Uganda Limited v Uganda Revenue Authority (Application No. TAT 94 of 2019) [2021] UGTAT 8 (31 March 2021)
The Tribunal held that the applicant, being a registered taxable person under the VAT Act, is entitled to claim input VAT for taxable supplies made to it during the tax period, provided those supplies are for use in its business. The construction services for Arena Mall, evidenced by supplier invoices, were for use in the applicant's property development business, which is recognized in its Memorandum and Articles of Association. The Tribunal rejected the respondent's argument that input VAT is only claimable for operational expenses of a rental business and not for construction, finding no s…
Source excerpt
- Input Vat Credit
- Taxable Person Definition
- Business Activity For Vat
- Vat On Property Development
- Vat Registration Entitlement