Print Page   |   Report Abuse
News & Press: SARS News & Tax Administration

Call for comment: Draft tariff amendment - to provide for refunds for spirituous beverages

18 November 2014   (0 Comments)
Posted by: Author: SARS
Share |

Author: SARS

Call for comment: Draft tariff amendment - to provide for refunds for spirituous beverages in certain circumstances

SARS has released a draft notice which proposes the insertion in Part D of Schedule No. 6 of Note 9 and the following rebate items:

  • 621.21/104.23.25/01.01
  • 621.21/104.23.26/02.01
  • 621.21/104.23.27/03.01
  • 621.21/104.23.28/04.01
The proposed draft will provide for a refund of spirituous beverages, which have become off-specification, contaminated, or have undergone post-manufacturing deterioration.The SAIT will be making submissions to SARS on this matter. Kindly submit comments to taxassist@thesait.org.za by no later than 1 December 2014.

WHY REGISTER WITH SAIT?

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.

Membership Management Software Powered by YourMembership  ::  Legal