S.L. 406.20 Art. 2Remission.

(1) The Commissioner may, at his discretion, remit wholly or in part, any interest incurred and any administrative penalty incurred under any of the provisions of the Value Added

Tax Act, the Customs and Excise Tax Act and the Value Added Tax Act, 1994:

Provided that the Commissioner may only remit such interest or administrative penalty if he is satisfied that the tax due was not paid within the prescribed period due to a reasonable excuse, sohowever that reliance placed on any other person to perform any task shall not constitute a reasonable excuse.

(2) In these rules "Acts" means the Value Added Tax Act, the

Customs and Excise Tax Act and the Value Added Tax Act, 1994 and any other terms and expressions used in these rules shall have the meaning assigned to them in the Acts.