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New Rule On Non-acceptance Of Cheques For Amounts In Excess Of R100 000 - Customs And Excise

14 October 2013   (0 Comments)
Posted by: Author: SARS Legal and Policy
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Author: SARS Legal and Policy

SARS published Notice No. R.745 in Government Gazette No. 36905 on Friday the 11th of October 2013.

This notice inserts the following heading and rule after rule 120.11 published in Government Notice 
R.1874 of 8 December 1995:

"Payment by cheque 

120.12 (a) No payment by cheque in excess of R100 000, including any payment relating to value-added tax on imported goods as contemplated in the Value-Added Tax Act, 1991 (Act No.89 of 1991), may be made at a South African Revenue Service office or by post, unless the Commissioner, having regard to the circumstances, directs otherwise.

(b) For the purposes of paragraph (a), the total payments by cheque by any person on any day may not exceed R100 000 for any number of payments required to be made on that day.".

Please click here to download Notice No. R.745.


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.


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.

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