Business updates

The Consumer Protection (Price Label) Regulations have been amended by Government Notice No. 206 of 2015 as follows:

1) Regulation 3 of the Principal Regulations is revoked.

It is to be recalled that regulations 3 referred to:

“Where VAT is chargeable in respect of any goods exposed or kept for sale, white in colour; where VAT is not chargeable in respect of any goods exposed or kept for sale, blue in colour”.

2) Regulation 5 of the Principal Regulations are amended as follows:

A Price Label shall indicate the selling price of the goods together with the words:

a)     “VAT INCLUSIVE”, where VAT is chargeable on the goods;

b)    “VAT NIL”, where VAT is not chargeable on the goods;

c)     “VAT ZERO”, where the goods are zero rated

A copy of the Government Notice No. 206 of 2015 can be accessed here.

The Regulations will come into force on 9 November 2015.