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[…] Limpopo province are now invited to visit the border posts on any day scheduled below. 26 August 2022 – Updating of registration or licensing details of existing customs clients on RLA System It is a legislative requirement that all Customs and Excise registrants and licencees update their company or individual details, whichever the case […]
What is the Client Information System? SARS will be matching and merging your tax, customs and excise records into one consolidated profile based on your registered details across your current tax, customs and excise records, read more. SARS’s Client Information System was implemented in 2014 and allows taxpayers and registered representatives to register, maintain and […]
[…] enquiries. Official publications as envisaged in the Tax Administration Act, create a practice generally prevailing. The following official publications can be accessed on the Legal Advisory landing page on the SARS website under “Legal Counsel”. Binding General Rulings (BGRs) are issued regarding the interpretation of the VAT Act in respect of a specific transaction […]
[…] uncertainty regarding the amount of input tax that can be deducted by a vendor (principal or importer) when a clearing agent makes an error in calculating the customs duty and VAT on an importation of goods which results in an overpayment of customs duty and VAT. In particular, this situation may arise when the […]
[…] export goods from South Africa. Such nominated ‘registered agent’ must assume full liability for the acts of a foreign principal in relation to any business activity with Customs. To see how exports work, click here. If the applicant is a foreign entity: He / she must nominate a registered agent using a DA 185 […]
[…] supplies correctly for VAT purposes. Qualifying taxpayers seeking to regularise their affairs are also encouraged to apply directly to the unit responsible for the Voluntary Disclosure Programme. Customs documentation and registration required for exports The export of goods from South Africa is subject to VAT at the zero rate provided certain requirements are met, […]
What’s new 17 April 2020 – Requests for duty deferment payment relief What is it? Customs duties and VAT are payable in accordance with Section 39(1)(b) at the time of importation. Existing registered or licensed Customs clients may apply to defer the payment of Customs duty and VAT for a period of up to […]
[…] that the IDZ complies with the framework regulating SEZs in terms of the SEZ Act, 2014, within three (3) years of commencement of the SEZ Act, 2014. Customs controlled areas An SEZ or any part thereof may be designated as a Customs controlled area. There may be more than one (1) Customs controlled area […]
[…] import goods into South Africa. Such nominated ‘registered agent’ must assume full liability for the acts of a foreign principal in relation to any business activity with Customs. To see information on how imports work, click here. If the applicant is a foreign entity: He / she must nominate a registered agent using […]
What’s New? 6 September 2023 – DA66 Automation: Frequently Asked Questions The Customs Modernisation Journey Pre SARS Customs commenced with a modernisation journey between 1980 – 1997 with the introduction of the first automated clearance declaration and basic risk assessments together with the introduction of deferred payments The second journey was called the Customs Transformation […]
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