On the 19th of June 2013 SARS issued Draft Notice and call for comment with regard to the Customs and Excise Act. This draft amendment provides for new rebate items for wine, unfortified, entered for use in the manufacture of non-alcoholic beverages, as well as for the registration by potential manufacturers in terms of the proposed new rebate items.
Comments must be submitted to SARS by the 2nd of July 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.
MINIMUM REQUIREMENTS TO REGISTER
The Act requires that a minimum academic and practical requirments be set to register with a controlling body. Click here for the minimum requirements of SAIT.