(1) Subject to subsection (2), a price advertised or quoted by a taxable person in respect of a taxable supply shall include the tax and the taxable person shall state that fact in the advertisement or quotation.

(2) A taxable person may advertise or quote a price in respect of a taxable supply as exclusive of the tax, but the advertisement or quotation shall indicate the amount of the tax charged on the supply, or the price inclusive of the tax, and that the amount of the tax or the price inclusive of the tax shall be displayed in as prominent a place as that on which the price exclusive of the tax is displayed.

(3) Subject to subsection (4), the price ticket on goods supplied by a taxable person need not indicate that the price includes the tax if this is indicated by way of a notice displayed prominently at the premises where the taxable person carries on a taxable activity, including the places in the premises where payments are effected.

(4) The Commissioner-General may in the case of a taxable person or a class of taxable persons approve any other method of displaying prices of goods or services by the persons.