7 April 2022 – The South African Revenue Service (SARS) through its Syndicated Tax & Customs Crime Division, carried out inspections as well as search and seizure operations on entities in the banking sector, tobacco and cigarette sector, alcohol, gold and clothing industries in KwaZulu-Natal, Western Cape and Gauteng.
The premises inspected and searched include the residential premises of certain individual taxpayers and gold industry and banking employees. The operations are related to wider investigations and audits into illicit financial flows and illicit trade in gold, alcohol, clothing, cigarettes and tobacco products.
