Search Results for: duties/page/2/{{ data.url }} – Page 6

[…] and, *IT3(t).  * The closing date for IT3(t) submissions is 30 September 2024. See the Business requirement specifications and submission dates table on the Third Party Data platform web page. Third Party data providers can submit data to SARS using these three electronic options: eFiling (via a data submission form with a limited volume) Connect: Direct® […]

Introduction Mineral Petroleum and Resources Royalty (MPRR) is triggered on the transfer of minerals extracted from within the Republic. As is the case for all other taxes, duties, levies, fees or money collected by SARS, the Royalty collected is paid to the National Revenue Fund. This Royalty became effective from March 2010. In the past, mineral […]

[…] 1) dutiable (and no ITAC certificate under item 412.11 of Schedule No. 4 of the Customs and Excise Act, 1964, has been issued); 2) subject to the duties referred to in 1) but are entering South Africa duty free because of a preferential trade agreement or other agreement, such as a customs union; 3) […]

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 […]

[…] training; eFiling; charging of contingency fees and debt management issues. A full set of the FAQs and SARS responses can be found on the Tax Practitioner web page. SARS Security System Enhancements In light of the various incidents of cyber fraud cases reported to SARS, SARS has taken various steps to enhance its security […]

SARS modernised its current 3rd Party Data Platform to accommodate the bulk submission of 3rd Party Data for certain tax types on the new Direct Data Flow channels. These channels will enable submitting entities to submit data directly to SARS, reducing the overall administrative burden of large volume data transfer to SARS. The Direct […]

[…] Statistics – Chapter 3 Company Income Tax CIT 2023 Tax Statistics – Chapter 4 Value-Added Tax VAT 2023 Tax Statistics – Chapter 5 Import VAT and Customs Duties 2023 Tax Statistics – Chapter 5 Tariff Code Table 2023 Tax Statistics – Chapter 6 Other taxes Media statement: 29 December 2023 Previous Tax Statistics publications […]

[…] – Environmental Levy Account for Carbon Tax (Front page) Completion Notes to the DA 180 9 April 2021 1 April 2021 GG 44383 R.305 Promulgation of rules to section 58A of the Customs and Excise Act, 1964, to implement anti-forestalling measures in respect of anticipated increases in excise duties (DAR 208) Notice R.305 1 April 2021

[…] be processed for the removal thereof from such customs storage warehouse. In same instance the licensee / owner of the goods will be required to bring the duties and VAT to account if applicable at time of clearance.  The goods may not be removed from  or placed in such facility until a valid customs […]

[…] and 10 to the Customs and Excise Act, 1964.   The electronic versions of these Schedules were developed to provide stakeholders with easy access to the relevant duties and levies applicable to all goods imported into, manufactured locally in, or exported from, the Republic. Note: For implementation of HS 2022 as published on 22 […]