Page 11 - F6 Slide - VAT Part 2 - Lecture Day 5
P. 11
Example
Gert Smit Construction (Pty) Ltd imported marble
that has a cost price and a value for customs duty
purposes of R120 000 from Zimbabwe. Import
surcharges of R5 600 were levied.
Determine the amount of the VAT levied on
importation.
