Can I make a bulk deposit into my SARS account long before my declaration is made?

No. Currently the SARS revenue accounting system does not accept ‘bulk deposits’ without any corresponding transaction.
Once the declaration is submitted, then payment is made and proof of payment submitted to the relevant branch. This allows the branch to check the payment against the declaration and only then will traders get a Proceed to Port message on EDI (the trader therefore has to make sure that the branch has successfully received the payment and verified against the declaration to allow release of the Proceed to Port message. 
Last Updated: 20/02/2013 8:56 AM     print this page
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