The object of this Bill is to amend the Value Added Tax Act so as to provide for -

(a) the appointment of taxpayers as agents to withhold value added tax on payments for the supply of goods and services;

(b) the abolition of the Value Added Tax Group Registration Scheme;

(c) the change of validity period of input tax claim to three months;

(d) the change of the due date for filing of returns and payment of tax; and

(e) matters connected with, or incidental, to the forgoing.