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IN 40 (Issue 2) - VAT treatment of the supply to and from a customs controlled area of an IDZ

04 April 2012   (0 Comments)
Posted by: SAIT Technical
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INTERPRETATION NOTE: NO. 40 (Issue 2)

DATE : 30 March 2012

ACT : VALUE-ADDED TAX ACT NO. 89 OF 1991 (the VAT Act) SECTIONS :

SECTIONS 1, 7, 8, 9, 10, 11, 12, 13 AND 18 AND ITEM 498.00 IN PARAGRAPH 8 of SCHEDULE 1

SUBJECT : VAT TREATMENT OF THE SUPPLY OF GOODS OR SERVICES TO AND/OR FROM A CUSTOMS CONTROLLED AREA OF AN INDUSTRIAL DEVELOPMENT ZONE

Purpose

The purpose of this interpretation note is to set out the VAT implications concerning the various types of supplies of goods or services to and/or from a CCAE/IDZ Operator located in a CCA of an IDZ.

To access the Interpretation Note, click here


 

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