Page 22 - F6 Slide - VAT Part 2 - Lecture Day 5

Zero-rated Supply: Exported Goods

Definition of 'exported':

Goods delivered Ownership

in export country changes in SA

 Direct/ indirect exports, or

0% N/A – 2 nd hand goods if Supply – subject to VAT @ 14%

notional input was claimed Recipient entitled to refund

 goods delivered to owner of a foreign-going

ship / aircraft, or

If used on

ship/aircraft

 goods supplied under a rental agreement

If used in export country/

customs controlled area