Search Results for: customs/page/5/{{ data.originalImageURL }}/page/7/{{ data.uploadedToLink }}/page/9/{{ data.authorLink }} – Page 9

Showing results for customs page data drilling8207 page data drilling page data darling drilling8207 drilling darling

VAT Connect Issue 5 (September 2015)

[…] and exports – The administration of certain rules regarding the import and export of goods from South Africa required some alignment between the VAT Act and the Customs and Excise Act. During 2014 the customs and excise legislative framework was fundamentally restructured by the introduction of the new Customs Control Act, 2014 and the […]

Read More »

How we collect tax

[…] South Africa. It is levied at the standard rate of 15%, but provision for exemptions of certain goods or services exists.   Find out more about VAT. Customs Duty Ordinary Customs Duty is levied on imported goods classifiable in Schedule No. 1 Part 1of the Customs and Excise Act, 1964. South Africa is a […]

Read More »

Rule Amendments 2023

The amendments to the Customs and Excise Rules are made in terms of the Customs and Excise Act, 1964 by Notice in the Gazette. The Notices are arranged according to the publication date and grouped in the different years of issue, which can be accessed on the navigation pane above. An implementation date that falls on another […]

Read More »

How does Auto-Assessment work

[…] been issued after the deadline, the 40 business days will start on the date of the notice of the assessment.   How does the Auto-Assessment work? SARS receives data from employers, medical schemes, banks, retirement annuity funds, and other institutions. This data is used to calculate your tax assessment. If we are satisfied that the […]

Read More »

Tariff Amendments 2023

[…] and then replaced as soon as the details are received on the next day. × Dismiss this alert.  The Tariff Amendments are made in terms of the Customs and Excise Act, 1964 by Notice in the Gazette. The Notices are arranged according to the publication date and grouped in the different years of issue, which […]

Read More »

Current Surveys, SMSs and Emails

[…] 083 576 7710. We thank you in greater anticipation for your participation. Sincerely, The South African Revenue Service 1 September 2023 – Trade Facilitation Index Survey (mid-year): Customs Border Operations, Ports of Entry & Customs and Excise Compliance The South African Revenue Service (SARS) is conducting a mid-year survey to measure your experience with […]

Read More »

Tax Practitioner Connect Issue 36 (September 2022)

[…] for use in the manufacturing of alcoholic beverages will be taxed. See the letter to Trade here. Delay in implementing the automated refunds and drawback system SARS Customs and Excise is enhancing current systems with modern, automated systems to facilitate legitimate trade and travel. The refunds and drawback process is being automated as part […]

Read More »

Authorised Economic Operator (AEO)

[…] it, please see our recording for the AEO SMME Inauguration event. 8 December 2023 – New automated process for AEOs: Section 64E has been updated to enable Customs registrants or licensees to submit their application for accreditation electronically. The existing manual processes have been automated on the Customs Operational Portal. All applications for the […]

Read More »

eFiling Payments (Credit Push)

[…] between SARS eFiling and the bank which puts the client in control when making a payment.  Also see how does the eFiling payment reference work. Top Tip: Customs and Excise clients can only pay from the submitted declaration/return or eAccount on eFiling, read more. How do I set up a Credit Push payment on […]

Read More »

How does CRS reporting work

On this page, you will find: Determine RFI’s Review of RFI’s Identification of RFI’s Due diligence and reporting of RFI’s Reporting by RFI’s Common Reporting Standard (CRS) obligations are imposed on South African financial institutions. The CRS Regulations were issued under the Tax Administration Act, 2011 (TAA). SARS has also published a FAQ Guide on the […]

Read More »
Share this page on:
Facebook
Twitter
LinkedIn
Email
Print