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Glossary A-M

[…] into, instructing or communicating with the logical, arithmetical or memory function resources of a computer system or computer network.   ACM Automated Cargo Management   Ad Valorem duties and taxes Duties and taxes which are calculated on the basis of value.   Ad Valorem Products These products are generally those which are seen as […]

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Glossary N-Z

[…] are in free circulation in a Customs territory may be temporary exported for manufacturing, processing or repair and then reimported with total or partial exemption from import duties and taxes. This facility is provided for in the Customs and Excise Act in the form of rebate provisions which can be found in Schedule 4. […]

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Draft Documents for Public Comment – Due Date Passed

[…] 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 draft documents are categorised according to their due date for comment. Comments may be emailed to the address indicated in the last column.   Sorry, you’ve missed the […]

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Mineral and Petroleum Resource Royalty

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 […]

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Customs Connect Issue 4 (August 2013)

[…] arrival of the goods at the inland container terminal, the importer will clear the goods for another permissible customs procedure or for home use and pay the duties. This current position does not provide SARS with adequate information to determine any possible safety, security, fiscal and economic risk in relation to these goods before […]

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New Customs Legislation FAQs

[…] replace the provisions of the current Customs and Excise Act, 1964, in relation to customs only and the amended 1964 Act will continue to apply to excise duties and the other levies and taxes mentioned.   18. Will it be mandatory for all exporters and importers to re-register every three years for their import and […]

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Tax Practitioners Connect Issue 30 (March 2022)

[…] On 12 October 2021, it was inspected and found to contain scrap metal, which requires an International Trade Administration Commission (ITAC) permit and is liable for export duties. A criminal case was then registered with the SAPS for contravention of the Customs and Excise Act and the ITAC Act. The scrap metal industry is […]

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Tax Practitioner Connect Issue 36 (September 2022)

[…] executor, can be a registered representative for a deceased estate. For more information and FAQs on Estates click here. Information on registered representatives can be found on page 13 and 14 of the guide. FAQs on 2022 Filing Season Communication sessions were held with tax practitioners on the changes to the filing season. Frequently […]

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Modernisation

[…] / enforcement / technology impact. This website has been set up to keep stakeholders informed of changes that take place under the Customs Modernisation Programme.  Links to other web pages: Link to Electronic Data Interchange Link to Reporting of Conveyances and Goods Need help? If you have any queries, compliments, suggestions and complaints, click here.

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Tax Practitioner Connect Issue 27 (25 November 2021)

[…] of illicit trade and counterfeit procedures, on the economy and revenue. Mr Moeng said criminals use different methods to facilitate illicit financial crimes. Examples are circumventing excise duties and indirect taxes on the sale or use of specific products; or generating significant profits by selling a high volume of illicit excise goods at a […]

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