2023 Laws not yet authenticated through a Commencement Order

Revised Laws of Saint Lucia (2023)

4.   Value of Supply

For the purposes of section 20(5) of the Act, where a taxable person applies less than the entire goods or services to a different use, the value of supply is determined as follows:

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    (a)     If 10% or less of a good or service is converted to a different use, the change in use is not treated as a supply under section 4(6) of the Act.

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    (b)     Changes within a 12 month period are to be aggregated for the purposes of determining the portion of a good or service that was converted to a different use.