Section 7: Price label

7. Price label (1) (a) Where a registered person makes a taxable supply in respect of goods, the registered person shall affix a label in a conspicuous place on a specimen of the goods, indicating the selling price of the goods and— (i) in case the goods are zero-rated, that the amount of VAT is zero; (ii) in any other case, that the amount is inclusive of VAT. (b) Where a registered person makes a taxable supply in respect of services, the registered person shall, before the supply of the services, make available to the customer the price of the services and indicate— (i) in case the services are zero-rated, that the amount of VAT is zero; (ii) in any other case, that the amount is inclusive of VAT. (2) (a) Where a registered person or any other trader makes an exempt supply in respect of goods, he shall affix a label in a conspicuous place on a specimen of the goods, indicating— (i) the selling price; and (ii) that the amount of VAT is nil. (b) Where a registered person or any other trader makes an exempt supply in respect of services, he shall, before the supply of the services, make available to the customer the price of the services and indicate that the amount of VAT is nil. (3) Any person who fails to comply with subsection (1) or (2) shall commit an offence and shall, on conviction, be liable to a fine not exceeding 300,000 rupees and to imprisonment for a term not exceeding 5 years. (4) For the purpose of this section, the Minister may prescribe the form or colour of a label or any distinctive mark which such label shall bear. [S. 7 amended by s. 11 (b) of Act 9 of 2015 w.e.f. 1 July 2015.] [Issue 7] C42 – 4 Revised Laws of Mauritius