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Call for comment: Draft IN (VAT) on the Master Currency case and Zero-rating of Supplies

28 March 2014   (0 Comments)
Posted by: Author: SARS Legal and Policy
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Author: SARS Legal and Policy

SARS published Draft IN (VAT) on the Master Currency case and Zero-rating of Supplies made to Non-residents for comment by no later than 31 May 2014.

This Note discusses the impact of the judgment of the SCA in the Master Currency case on the interpretation and the application of section 11(2)(ℓ), with particular reference to the principles highlighted by the SCA.

The SAIT will be making a submission to SARS on this matter. Kindly submit all comments to taxtech@thesait.org.za by no later than 28 May 2014. 

Please click here to download the Draft IN(VAT)


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