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News & Press: VAT

Proposed changes to customs deferment scheme postponed

21 May 2015   (0 Comments)
Posted by: Author: SARS
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Author: SARS

Earlier this year changes were proposed to the deferment of payment of Customs Duty is in terms of section 39(1) of the Customs and Excise Act, 1964, which equally applied to Value-Added Tax levied upon importation in terms of section 13(6) of the Value-Added Tax Act, 1991.

These proposed changes have now been postponed. Please click here for further details (20 May 2015).


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