Page 23 - P6 Slide Taxation - Lecture Day 3 - VAT Part 1

Importation of goods [s 7(1)(b) and s 13]

• Output VAT must be charged on imports, regardless whether

vendor or not

• Importer of goods must by pay VAT, even if he is a non-vendor

• Reason? (Silke 32.8.)

• Smaller items imported through mail  SARS may require

postal co to collect the VAT and to provide information on the

imported goods;

- Certain imported items exempt from VAT  refer Schedule 1

From where do I import?

s 13 provides for 2 scenarios!