Page 29 - Chapter 32 VAT Part 3
P. 29

4 Scenarios (refer summary):

      1. VAT vendor purchases from another VAT vendor


      2. VAT vendor purchases from a non-vendor


      3. Non-vendor purchases from a VAT vendor


      4. Non-vendor purchases from another non-vendor





      How is transfer duty calculated?











                      You must be able to calculate the amount of transfer duty yourself!
                      For rates see: s 2(b) for the rates of tax in the Transfer Duty Act

                      AND Silke 32.24.2
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