Section 17(1) of South Africa’s value added tax (VAT) law provides that when a vendor acquires or imports goods or services partly for consumption, use or supply in the course of making taxable supplies and partly for another intended use, that vendor may claim input tax only to the extent that such goods or services are acquired for the purposes of making taxable supplies.
Source:
Latest Posts in "South Africa"
- Key VAT Changes in South Africa’s 2026 Budget: Thresholds, Zero-Rating, Second-Hand Goods, and Compliance
- South African Court Rules Only Parliament Can Change VAT Rate, Not Finance Minister
- 2026 South Africa VAT Threshold Changes: What SMEs Must Know About Compulsory and Voluntary Registration
- South Africa Proposes Repeal of Zero-Rated VAT on Bullion Gold in 2026 Budget
- EFF Applauds Court Ruling Affirming Only Parliament Can Change South Africa’s VAT Rate
