[…] 1964 Costs, provisional order, distinct ground of appeal 25 September 2007 Progress Office Machines CC Customs and Excise Act, 1964 Sections 55 to 57; Schedule No. 2; anti-dumping duties; sunset review; calculation of period 26 November 2007 Airworld CC & JH Retief (Com) Inter CC Income Tax Act, 1962 Secondary Tax on Companies (STC); when […]
[…] new legislative framework relating to the customs control over people and goods moving across the borders of the Republic and the imposition, assessment and collection of customs duties. Release of the Draft Tax Administration Bill for Public Comment – 30 October 2009 Pretoria, 30 October 2009 – The South African Revenue Service (SARS) […]
WHAT IS IT? Malt Beer may generally be defined as “clear beer made from malt with an alcoholic strength of usually between 3 and 6 per cent per volume” and is subject to the payment of Excise Duty if consumed within the Southern African Customs Union (SACU). WHO IS IT FOR? Excise Duty on Malt […]
WHAT IS IT? Other Fermented Beverages (OFB) is produced the same as Wine and Vermouth but from other fruit types; not grapes. If this product is consumed within the Southern African Customs Union (SACU), Excise Duty must be paid. WHO IS IT FOR? Excise Duty on OFB is payable by manufacturers of this product throughout […]
WHAT IS IT? Traditional African Beer may generally be defined as “non-clear beer made from sorghum or malt with an alcoholic strength of usually less than 5 per cent per volume” and is subject to the payment of Excise Duty if consumed within the Southern African Customs Union (SACU). WHO IS IT FOR? Excise Duty […]
The Stamp Duties Act, 1968 (Act No. 77 of 1968) was repealed with effect from 1 April 2009. It should be noted that all lease agreements executed on or after to this date are not liable to Stamp Duty.
If the Transfer Duty is not paid within the period allowed, a penalty/interest will be payable in addition to the unpaid Transfer Duty. Date from % Calculated on the Duty Payable 01 January 1950 – 19 March 1963 12% per year calculated on a daily basis From 20 March 1963 to 30 June 1982 […]
Charging of contingency fees Tax practitioners’ fees for work they undertake on behalf of a client must be proportional to the nature and complexity of the task. In consultation with Recognised Controlling Bodies (RCBs), SARS has updated the criteria for the recognition of controlling bodies and the registration of tax practitioners. These criteria include rules […]
16 February 2024 – The internal and external policies for inbound and outbound duty and tax-free shops have been updated to align with Section 38 (1)(a) of the Customs and Excise Act. The section specifies that goods entered or cleared may be placed under a Customs warehouse regime, for purposes of being sold in a […]
20 April 2021 – Transitional arrangements for inbound duty and tax free shops in addition to the already existing outbound duty and tax free shops, came into force on 5 June 2009. In this revision, the transitional arrangements are removed as they are no longer required. For more information, see the Inbound and Outbound Duty […]
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