Binding General Ruling 15 (BGR 15) was issued by SARS on 22 March 2013.
BGR reproduces paragraph 5 of Interpretation Note No. 56
"Recipient-Created Tax Invoices; Credit and Debit Notes” dated 31 March
2010, which comprises a BGR under section 89 of the TA Act.
Note provides the necessary approval by the Commissioner for the
issuing of recipient-created tax invoices, credit and debit notes. This
BGR updates references to section 76P of the Income Tax Act No. 58 of
1962 with references to the TA Act and incorporates subsequent
amendments to sections of the VAT Act.
Section 240A of the Tax Administration Act, 2011 (as amended) requires that all tax practitioners register with a recognized controlling body before 1 July 2013. It is a criminal offense to not register with both a recognized controlling body and SARS.