Glossary Terms A – M | Glossary Terms N – Z This glossary describes some of the terms used on the SARS website. While every effort has been made to present accurate and up-to-date definitions, this glossary should be used as an interpretive aid only and not as an authority. SARS will not be liable […]
All comments received on drafts are considered in full, but due to time constraints, no individual correspondence will be entered into. The identity of commentators and their comments will be collected and may be disclosed publicly, either in full or in summary, as legal obligation dictates or is necessary for SARS to properly perform its duties. The […]
Glossary Terms A – M | Glossary Terms N – Z This glossary describes some of the terms used on the SARS website. While every effort has been made to present accurate and up-to-date definitions, this glossary should be used as an interpretive aid only and not as an authority. SARS will not be liable […]
1. Why modernise customs law? In an ever changing and complex international, regional and national environment, Customs plays a critical role in supporting Government’s programmes to promote economic growth, job creation and social cohesion. The Customs and Excise Act, 1964, has not kept pace with the changing focus of customs work or with the radical […]
Welcome to Customs Connect – your electronic newsletter that will provide you with the latest news and information on Customs Modernisation and related matters. We hope you enjoy the read and that you will find the information helpful. To read our newsletter below, click on each heading to expand the corresponding article. Key Modernisation projects […]
For an archive on RLA updates, click here. What’s New ? 9 May 2023 – SARS is conducting roadshows in the regions to assist traders to onboard onto the electronic Registration, Licensing and Accreditation (RLA) eFiling system. Onboarding to the RLA system will lessen manual processing that would, at times, cause delays. The regional roadshows will […]
What is it? EDI, or electronic data interchange, is essentially a “paperless” trading system. It involves the electronic transfer of data, by established message standards, from one computer application to another. Growth in world trade means businesses are increasingly developing better ways of managing the movement of raw materials, stock and finished goods. EDI organises […]
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 Programme between 1998 – 2000 and focussed on the reduction of […]
What’s New? 10 February 2023 – Updated Clarification document for AEOI (FATCA) Reporting TIN Codes The purpose of this document is to clarify the application of the supplied codes for the Taxpayer Identification Number (TIN) data fields for FATCA submissions. This version 3 was updated to align with the IRS Notice 2023-11. Third Party Data […]
Third Party Data Bi-Annual Submissions 2021: Now Open! The SARS Third Party Data Bi-Annual Submissions for the period 1 March 2021 – 31 August 2021 opened on 01 September 2021, and will close on 31 October 2021. Submissions of data files and declarations of the various reportable data types are now due. At this time, […]
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