The rules relating to the deduction of input TCA have been clarified as follows :-
Registered taxpayers who are assessed on the basis of actual results can deduct input TCA that was paid on goods and services used to produce its output from the TCA due on its output.
The input TCA paid has to satisfy the following conditions in order to be deductible.
- It must appear on an invoice duly delivered by a registered supplier assessed on actual basis and whose tax registration number is stated on the invoice. This requirement does not apply to foreign suppliers.
- In the case of imports, the TCA must appear on the declaration confirming the release of goods or merchandise for sale on local market or for use, that is forms D3, D43 and T6 bis.
