17 March 2010
Draft Interpretation Note: Section 39(7)(a) of the VAT Act
SARS: Legal & Policy
SARS released a draft interpretation note dealing with section 39(7)(a) of the VAT Act.
In terms of section 39(7)(a), the Commissioner has a discretion to remit interest, in whole or in part, if satisfied that the non-payment of VAT was due to circumstances beyond the control of the person concerned or any person acting on behalf of that person.
Click here to download the note.
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