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Legal Definitions

Comprehensive dictionary of legal terms and definitions from Kenya's tax laws. Search across all legislation for precise legal meanings and interpretations.

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Find legal definitions across all Kenya tax laws. Search by term, partial matches, or browse alphabetically. Multiple definitions for the same term will show all relevant acts.

Definitions from VAT Act

47 definitions found (Page 2 of 3)

importer

VAT Act
In relation to goods, means the person who owns the goods, or any other person who is, for the time being, in possession of or beneficially interested in the goods at the time of importation

information technology

VAT Act
Means any equipment or software for use in storing, retrieving, processing or disseminating information

input tax

VAT Act
Means— (a) tax paid or payable on the supply to a registered person of any goods or services to be used by him for the purpose of his business; and (b) tax paid by a registered person on the...

money

VAT Act
Means— (a) any coin or paper currency that is legal tender in Kenya; (b) a bill of exchange, promissory note, bank draft, or postal or money order; (c) any amount provided by way of payment using...

non-resident person

VAT Act
Deleted by Act No. 38 of 2016, s. 26(c)

official aid funded project

VAT Act
Means a project funded by means of a grant or concessional loan in accordance with an agreement between the Government and any foreign government, agency, institution, foundation, organization or...

output tax

VAT Act
Means tax which is due on taxable supplies

person

VAT Act
Means an individual, company, partnership, association of persons, trust, estate, the Government, a foreign government, or a political subdivision of the Government or foreign government

registered person

VAT Act
Means any person registered under section 34, but does not include an export processing zone enterprise or a special economic zone

regulations

VAT Act
Means any subsidiary legislation made under this Act

service exported out of Kenya

VAT Act
Means a service provided for use or consumption outside Kenya

services

VAT Act
Means anything that is not goods or money

ship stores

VAT Act
Means goods for use in aircraft or vessels engaged in international transport for consumption by passengers and crew and includes goods for sale on board such aircraft or vessels

special economic zones

VAT Act
Shall have the meaning assigned to it under the Special Economic Zones Act, No. 16 of 2015

supply

VAT Act
Means a supply of goods or services

supply of goods

VAT Act
Means— (a) a sale, exchange, or other transfer of the right to dispose of the goods as owner; or (b) the provision of electrical or thermal energy, gas or water

supply of imported services

VAT Act
Means a supply of services that satisfies the following conditions— (a) the supply is made by any person; (b) the supply would have been a taxable supply if it had been made in Kenya; and (c) in...

supply of services

VAT Act
Means anything done that is not a supply of goods or money, including— (a) the performance of services for another person; (b) the grant, assignment, or surrender of any right; (c) the making...

tax

VAT Act
Means the value added tax chargeable under this Act

tax computerized system

VAT Act
Means any software or hardware for use in storing, retrieving, processing or disseminating information relating to tax