Cap. 395 Art. 42Assessment of tax.

(1) Where -

(a) any person, whether registered or not, who is liable to pay tax fails to furnish a tax return as required by this Act; or

(b) the Director is not satisfied with the return made by any registered person, the Director shall make an assessment of the amount which, in his opinion, is the tax payable pursuant to this Act and that person shall, subject to the provisions of this Act, be liable to pay the tax so assessed.

(2) The Director may, at any time, make all such adjustments in or additions to an assessment or an amended assessment made under this article as he thinks necessary to ensure the correctness thereof, notwithstanding that tax or further tax may have been paid.

(3) The Director shall cause notice of the assessment or amended assessment to be sent to the person liable to pay the tax or further tax and the amount so due shall be payable within thirty one days from the service thereof.