TAX MATTERS: Grace period for prescribed tax invoices removed

550

https://fingaz.co.zw/wp-content/uploads/penci-text-to-speech/post-285560.mp3?cb=1732294494.mp3INPUT VAT should be claimed within the tax period by a registered operator who is required to furnish a return, but not longer than 12 months from that date. The law further grants the Commissioner discretionary power to either accept or decline a tax invoice that would have been submitted after the 12 months prescribed…