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Proposed Mechanisms for Refunding Overpaid VAT on Imported Goods and Services in South Africa

  • Proposed introduction of mechanisms in the VAT Act for refunds of overpaid VAT on imported goods and services
  • Refunds to be available for recipients who are not registered for VAT
  • Details about proposed VAT changes in South Africa delivered by Finance Minister Enoch Godongwana on 21 February 2024

Source: assets.kpmg.com

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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