All Exempt institutions MUST annually submit an IT12EI – Return of Income Tax Exempt Organisations – External Form income tax return. The income tax return enables the Commissioner to assess whether the approved exempt entity is operating within the prescribed limits of the relevant approval granted. Should a liability arise after submission of the income tax return, payment must […]
[…] 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 […]
[…] importance that you, as the licensee, familiarise yourself with Rules 105.01 to 105.04 of the Customs and Excise Act No.91 of 1964, with regard to applications for deferral of payment of excise duties. See Rule 105 of the Customs and Excise Act, 1964, is outlined on pages 811 to 814 on the link.
Question 1: I am unable to open my Excise, Levies and Duties return. It does not load and only three dots are visible on the page. Answer: If you are unable to view your return, click on the “Back” button at the top of the page, this will take you back to the work page. […]
[…] South Africa, both customs and excise matters were provided for in one Act. The purpose of the Act is to provide for the levying of customs and excise duties, fuel levy, Road Accident Fund levy, air passenger tax and environmental levy, the prohibition and control of the importation, export, manufacture or use of certain goods […]
Excise Payment and Submission Dates for 2023/2024 PAYMENT & SUBMISSION DATES OF EXCISE DUTY ACCOUNTS FOR FY 2023/24 FOR AD VALOREM CALENDAR QUARTER ACCOUNT SUBMISSION DATE ACCOUNT PAYMENT DATE 1 January 2023 – 31 March 2023 [Quarter 1 of 2023] 25 April 2023 25 April 2023 1 April 2023 – 30 June 2023 [Quarter 2 […]
Rules to the Customs control and duty acts, 2014 Workshop held on the Draft Deferment Rules to the Customs Duty Act, 2014 SARS held a workshop on 11 October 2017 to discuss the comments received on the Draft Deferment Rules. SARS presentation: Comments received on the Draft Deferment Rules Workshop held on the Draft Rules in terms of […]
[…] 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 […]
[…] Act. Tariff classification relates to the proper classification of goods within the Harmonized Commodity Description and Coding System (tariff book). The Tariff Book indicates the normal customs duties (Schedule No 1, Part 1), excise duties (Schedule No 1, Part 2A), ad valorem duties (Schedule No 1, Part 2B), anti-dumping duties (Schedule No 2, Part […]
[…] the exact location of the proposed rebate store (e.g. store, vessel, tank and yard). A list of plant and machinery. 4th Schedule These are general rebate of duties in Schedule 1 Part 1, 2 and 5 of the tariff. Part 5 applies to fuel levy goods. The tariff specifies the extent of rebate for […]
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