Page 42 - Chapter 32 VAT Part 1
P. 42
10.1.3. Foreign-going ship or aircraft [def par (b),(c) and s
11(1)(a)(i)]
• ship or aircraft to destination in export country
• goods for use on ship/aircraft
• s 1 def “foreign-going ship”
• Qualifies as an export of moveable
goods → Zero-rate applies
10.1.4. Goods supplied under a rental agreement [s 11(1)(c),(d)]
→ Excluded from SAICA syllabus
