SARS issued a notice for public comment on 29 April 2013 which would lead to the deletion of the definition of "Maturation" and the word "and” under rule 19.08(d) under sections 19 and 120 of the Customs and Excise Act, 1964. Please click here to download the draft notice.
SAIT will be making a submission to SARS. Kindly provide your comments by email to firstname.lastname@example.org by no later than 14 May 2013.
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.