Cap. 395 Art. 14Tax value and price. Cap. 382. ETP.

(1) The taxable value of a product, including any related service, shall be the price of the product, and of any related service, exclusive of the amount of ETP, and any other deductible amount as may be prescribed.

(2) Where a product is an excise good, ETP shall be charged on the total resulting from the addition of the value of the excise good established in accordance with the provisions of the Excise Duty

Act, the amount of excise duty payable thereon and the value of any related service.

of the Director that for the due and proper functioning of this Act, or otherwise as may be prescribed, such person is not to be charged with ETP on products sold to such person.

(2) The person to whom a certificate of exemption is issued is to inform the Director forthwith of any material change in his circumstances.

(3) The Director may in any case of change in the circum-stances of a person to whom a certificate is given, at any time withdraw such exemption.

(4) A certificate of exemption may be issued subject to such limitations and conditions as may be prescribed or as may be established by the Director in the absence of applicable regulations and the certificate shall be valid only if the limitations and conditions to which it is subject are observed and complied with.

(5) The Minister shall not later than the second week of each month publish in the Gazette a list of the persons who were granted an exemption in accordance with this article in the preceding month.