Page 41 - Chapter 32 VAT Part 1
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10.1.2. Indirect export [def par (d) and s 11(1)(a)(ii)]
Indirect export?
• Non-resident (or his cartage contractor) takes delivery in RSA in
terms of EIS (Export Incentive Scheme)
• Ownership ∆ in SA (in effect not an export).
• As result a supply takes place at std. rate(14%) [s
11(1)(a)(ii)(aa)].
• If the receiver of the goods (non-resident) takes the goods out
of RSA, and indirect export takes place. VAT @ 14% must be
paid back to the receiver of the goods.
Refer Silke
Example 32.13.
