- Since 3 December 2021, importers must apply for an APN number for advance import payments over R50,000 and with a BOP category code of 101.
- From 1 December 2023, banks must record, validate, and report the APN provided by importers to the SARB.
- Authorized dealers will only make advance import payments after confirming a valid SARS APN.
Source: sars.gov.za
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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