2019 Finance No. 1/2019 (d) in the case of a supply of an immoveable goods, at the time the recipient takes possession of it; or (e) in the case of a supply of a service at the time the service is performed; whichever time is earlier.”. 16 Postponement of tax on exportation of unbeneficiated platinum Despite section 14(2) of the Finance Act, 2014, section 12D(“Collection of tax on exportation of unbeneficiated platinum, determination of value thereof”) of the Value Added Tax Act [Chapter 23:12] has effect from the year of assessment beginning on the 1st January, 2022. 17 Amendment of section 15 of Cap. 23:12 Section 15 (“Calculation of tax payable”)(2) of the Value Added Tax Act [Chapter 23:12] is amended in paragraph (a) by the insertion of the following proviso thereto— “Provided that if the registered operator can show good cause to the Commissioner for extending the time for claiming a deduction of amount of input tax, the Commissioner may allow such a claim from the time a registered operator was required to make a return.”. 18 Amendment of section 16 of Cap. 23:12 Section 16 (“Permissible deductions in respect of input tax”)(2) of the Value Added Tax Act [Chapter 23:12] is amended by the insertion of the following paragraph after paragraph (d)— “(e) that results from the application of a rate of exchange in excess of the parity rate of one United States dollar to a bond note unit, if the goods and services in question were acquired by such registered operator in a legal tender other than foreign currency (for the purposes of this paragraph “legal tender other than foreign currency” has the meaning given to that term in section 38(9)).”. 19 Amendment of section 38 of Cap. 23:12 With effect from the 1st January, 2019, section 38 (“Manner in which tax shall be paid”) of the Value Added Tax Act [Chapter 23:12] is amended— (a) by the insertion after subsection (4) and the following subsection— (b) by the insertion after subsection (8) of the following subsection— “(4a) For the purposes of subsection (4)— (a) if the price for the taxable supplies in question is paid for in a foreign currency, then the registered operator shall pay the amount of the tax to the Commissioner in that foreign currency; (b) if the price for the taxable supplies in question is paid for in legal tender other than foreign currency, then the registered operator may pay the amount of the tax to the Commissioner in that legal tender or in a foreign currency.”; “(9) In subsections (4) and (4a)— “bond note” means a unit of legal tender whose par value in relation to the United States dollar is backed by a guarantee extended to the Reserve Bank by one or more 11