Contents
Preface………………………………………………………………………………………………………….i
1. Introduction………………………………………………………………………………………..1
2. Purpose……………………………………………………………………………………………..2
3. Legislative framework………………………………………………………………………….2
4. Payment of value-added tax …………………………………………………………………2
4.1 Entry for home consumption……………………………………………………………………2
4.2 Deferment of value-added tax………………………………………………………………….2
4.3 Exemption: Certain Goods Imported into the Republic …………………………………2
4.4 Security for the value-added tax that may become payable…………………………..3
5. Calculation of value-added tax……………………………………………………………..3
5.1 Standard-rated value-added tax on imported goods…………………………………….3
6. Refund of value-added tax levied on the importation of goods into
South Africa ……………………………………………………………………………………….5
Source: gov.za
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